Latest news with #CPB
Yahoo
31 minutes ago
- Business
- Yahoo
Campbell: Fiscal Q3 Earnings Snapshot
CAMDEN, N.J. (AP) — CAMDEN, N.J. (AP) — The Campbell's Company (CPB) on Monday reported fiscal third-quarter profit of $66 million. The Camden, New Jersey-based company said it had net income of 22 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were 73 cents per share. The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share. The maker of canned soup, Pepperidge Farm cookies and V8 juice posted revenue of $2.48 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $2.44 billion. Campbell expects full-year earnings in the range of $2.95 to $3.05 per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CPB at Sign in to access your portfolio
Yahoo
2 hours ago
- Business
- Yahoo
Campbell: Fiscal Q3 Earnings Snapshot
CAMDEN, N.J. (AP) — CAMDEN, N.J. (AP) — The Campbell's Company (CPB) on Monday reported fiscal third-quarter profit of $66 million. The Camden, New Jersey-based company said it had net income of 22 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were 73 cents per share. The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share. The maker of canned soup, Pepperidge Farm cookies and V8 juice posted revenue of $2.48 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $2.44 billion. Campbell expects full-year earnings in the range of $2.95 to $3.05 per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CPB at Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
Earnings To Watch: Campbell's (CPB) Reports Q1 Results Tomorrow
Packaged food company Campbell's (NASDAQ:CPB) will be reporting results tomorrow before the bell. Here's what to expect. Campbell's missed analysts' revenue expectations by 1.8% last quarter, reporting revenues of $2.69 billion, up 9.3% year on year. It was a slower quarter for the company, with a miss of analysts' organic revenue estimates and full-year EPS guidance missing analysts' expectations. Is Campbell's a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Campbell's revenue to grow 2.3% year on year to $2.42 billion, slowing from the 6.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.66 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Campbell's has missed Wall Street's revenue estimates five times over the last two years. Looking at Campbell's peers in the shelf-stable food segment, some have already reported their Q1 results, giving us a hint as to what we can expect. SunOpta delivered year-on-year revenue growth of 9.3%, beating analysts' expectations by 3.7%, and TreeHouse Foods reported a revenue decline of 3.6%, in line with consensus estimates. SunOpta traded up 28.3% following the results while TreeHouse Foods was down 8.3%. Read our full analysis of SunOpta's results here and TreeHouse Foods's results here. There has been positive sentiment among investors in the shelf-stable food segment, with share prices up 3.1% on average over the last month. Campbell's is down 4.4% during the same time and is heading into earnings with an average analyst price target of $41.22 (compared to the current share price of $34). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
a day ago
- Business
- Yahoo
Earnings To Watch: Campbell's (CPB) Reports Q1 Results Tomorrow
Packaged food company Campbell's (NASDAQ:CPB) will be reporting results tomorrow before the bell. Here's what to expect. Campbell's missed analysts' revenue expectations by 1.8% last quarter, reporting revenues of $2.69 billion, up 9.3% year on year. It was a slower quarter for the company, with a miss of analysts' organic revenue estimates and full-year EPS guidance missing analysts' expectations. Is Campbell's a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Campbell's revenue to grow 2.3% year on year to $2.42 billion, slowing from the 6.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.66 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Campbell's has missed Wall Street's revenue estimates five times over the last two years. Looking at Campbell's peers in the shelf-stable food segment, some have already reported their Q1 results, giving us a hint as to what we can expect. SunOpta delivered year-on-year revenue growth of 9.3%, beating analysts' expectations by 3.7%, and TreeHouse Foods reported a revenue decline of 3.6%, in line with consensus estimates. SunOpta traded up 28.3% following the results while TreeHouse Foods was down 8.3%. Read our full analysis of SunOpta's results here and TreeHouse Foods's results here. There has been positive sentiment among investors in the shelf-stable food segment, with share prices up 3.1% on average over the last month. Campbell's is down 4.4% during the same time and is heading into earnings with an average analyst price target of $41.22 (compared to the current share price of $34). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Boston Globe
a day ago
- Politics
- Boston Globe
All things considered, NPR should pay its own way
Trump's executive order, titled 'Ending Taxpayer Subsidization of Biased Media,' began by noting how much has changed since the CPB was established in 1967. 'Today the media landscape is filled with abundant, diverse, and innovative news options,' the order observes. 'Government funding of news media in this environment is not only outdated and unnecessary but corrosive to the appearance of journalistic independence.' Get The Gavel A weekly SCOTUS explainer newsletter by columnist Kimberly Atkins Stohr. Enter Email Sign Up Trump is absolutely right about that . Advertisement The president is also right when he describes NPR and PBS as 'biased' and says they fall short of 'fair, accurate, unbiased, and nonpartisan news coverage.' To be sure, conservatives have complained about the leftist slant in public broadcasting for decades. But even NPR Advertisement Yet for all that, public broadcasting's leftward tilt is not a good reason to pull the plug on its government funding, which in fiscal year 2025 will total Certainly people in the news business have strong opinions about the stories and people they cover — it would be strange if they didn't. The ideal of objective, unbiased journalism may be admirable in the abstract. But in the real world, media companies attract employees who tend to share a similar worldview, and that worldview makes its way into their coverage. The Constitution guarantees the right of every media organization — including NPR, PBS, and their local affiliates — to publish or broadcast as they see fit. What it does not guarantee is the right to do so with government dollars. In a democratic society with a cherished tradition of an independent press, the very idea of But that's only one of the objections to using taxpayer funds to sustain public broadcasting. Advertisement Other radio and TV networks, from When President Lyndon Johnson signed the Public Broadcasting Act in 1967, it may have been plausible to argue that public broadcasting provided access to news and educational programming that listeners couldn't get anywhere else. But with the internet revolution, that argument lost all validity. Today, programs of every description are made available via In any case, such subsidies are unaffordable. With the federal budget running a $2 trillion deficit and the Advertisement I oppose any government funding of radio or TV Trump's executive order can't overturn NPR's subsidy, because the funds were appropriated by Congress. But This has nothing to do with NPR's lefty tilt, grating though it can be. Some of my best friends, to coin a phrase, work in public broadcasting, and much of what they produce is first-rate. NPR and its affiliates have broken no end of significant news stories and generated countless hours of intelligent, absorbing, informative content. The same is true of innumerable other media outlets, including the one you're reading now. Those outlets function every day of the year without tapping the federal Treasury. National Public Radio can too. Jeff Jacoby can be reached at
