Market Overview

Tickers

Articles

Keywords

Search by keyword...
googlecse

UPDATE: Campbell Soup Posts Higher FQ2 Profit

Monica Gerson, Benzinga Staff Writer
February 14, 2014 9:22 AM
+ Follow
Print
Email
Tickers: CPB
Share:
Related CPB
3 Small Caps With Revenues Rising In The Double Digits
Senomyx (SNMX) Falls: Stock Goes Down 5.1% - Tale of the Tape

Campbell Soup Co (NYSE: CPB) reported a 71% gain in its fiscal second-quarter profit.

Campbell's quarterly earnings surged to $325 million, or $1.03 per share, versus $190 million, or $0.60 per share, in the year-ago quarter. Excluding special costs, it earned $1.04 per share.

Its sales climbed 5.5% to $2.28 billion. However, analysts were projecting earnings of $0.73 per share on revenue of $2.27 billion.

Campbell's gross margin rose to 35.7% versus 35.2%.

Campbell shares gained 3.77% to $42.40 in pre-market trading.

Posted-In: profitEarnings News

© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

 

Most Popular

Benzinga Weekly Preview: Earnings Season Kicks Into High Gear
Zynga Or Groupon: Which Would You Rather?
Tauriga Sciences Is Poised To Establish Themselves In The Marijuana Space (Part Two)
Comcast, Time Warner Siad to be in Discussions to Sell Subscribers to Charter Communications for Up to $20B -FT
Stocks to Watch for April 21, 2014
Energy ETFs Surge On Higher Commodity Prices

Related Articles (CPB)

3 Small Caps With Revenues Rising In The Double Digits
Senomyx (SNMX) Falls: Stock Goes Down 5.1% - Tale of the Tape
Updated Research Report on Campbell Soup - Analyst Blog
Why Analysts Can't Just Blame the Weather for Poor Housing Numbers
3 Reasons Small-Cap Stocks Will Prosper From The Rise Of The Global Consumer Class

Around the Web, We're Loving...

Noble Energy to Promote COO Stover to CEO as Davidson Retires
Lightspeed Trading Presents: Effective Scalping with Rifle Charts on the Lightspeed Trader Platform
Zebra Tech Snags Motorola's Enterprise Unit for $3.5B
Create an Account With Options House and Get 150 Free Trades!
Great Rotation in Equities Will Go on For Four Years
Join us for the First Annual Cannabis Investor Conference

Partner Network

View upcoming Earnings, Ratings, Dividend and Economic Calendars.

Get Benzinga's News Delivered Free

Benzinga Professional

Subscribe