Investing.com - Campbell Soup reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Campbell Soup announced earnings per share of $0.56 on revenue of $1.99B. Analysts polled by Investing.com anticipated EPS of $0.5575 on revenue of $1.98B.
Campbell Soup shares are down 43% from the beginning of the year and are trading at $49.37 , down-from-52-week-high.They are under-performing the Nasdaq which is down 24.67% from the start of the year.
Campbell Soup follows other major Consumer Staples sector earnings this month
Campbell Soup's report follows an earnings beat by Walmart on Tuesday, August 16, 2022, who reported EPS of $1.77 on revenue of $152.86B, compared to forecasts EPS of $1.62 on revenue of $150.99B.
Estee Lauder had beat expectations on Thursday, August 18, 2022 with fourth quarter EPS of $0.42 on revenue of $3.56B, compared to forecast for EPS of $0.3219 on revenue of $3.42B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar