Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessCampbell Soup’s Upcoming Q4 Earnings Preview

Campbell Soup’s Upcoming Q4 Earnings Preview

Add to Favorite
Added to Favorite


Deutsche Bank analysts shared their outlook on Campbell Soup Company (NYSE:CPB) ahead of the upcoming Q4 earnings, scheduled to be reported on September 1.
Going into Q4 earnings, the company’s tracked channel consumption growth stepped up sequentially to 8.6% in the 13 weeks ending 7/30/22 (vs. 4.8% in Q3).
Although the analysts view the company’s volume erosion and market share losses as somewhat concerning and something to monitor, they mentioned they are encouraged by the dollar-based value growth and price realization as related to their near-term financial forecasts–i.e., better offsetting inflation headwinds and allowing for better prospective gross margin improvement alongside A&P, R&D, and capabilities reinvestments. The analysts raised their price target to $50 from $49, while reiterating their Hold rating.

Subscribe to get Latest News Updates

Latest News

You may like more
more

Abercrombie & Fitch Co. (NYSE:ANF) Earnings Preview: What to Expect

Wall Street anticipates ANF's EPS to be $2.37 with...

Burlington Stores, Inc. (NYSE:BURL) Earnings Preview: Key Insights

Wall Street anticipates a 57.1% increase in EPS to...

Israel Stocks Rise as TA-35 Index Closes Higher

TA-35 Index Shows Strong Performance Israel's stock market showed positive...

XRP Falls 10 percent in Bearish Trade

Overview of Recent Decline XRP, one of the leading cryptocurrencies,...