Campbell Soup (NYSE:CPB) Q1 Profit Beats Estimates, Lifts Guidance

Campbell Soup Company (NYSE: CPB) reported Q1 EPS of 87 cents compared to the analyst estimate of 81 cents.Just now, Campbell Soup Company (NYSE: CPB) reported Q1 EPS of 87 cents compared to the analyst estimate of 81 cents. Sales fell to $2.2 billion from $2.3 billion versus the estimate of $2.30 billion.

For the full fiscal year, its adjusted earnings are expected to grow in the range of 9% to 11% ($2.30 to $2.34) from $2.21 a share versus the consensus of $2.39 a share.

CPB shares rose 2% to $34.78 in the pre market session.