Campbell Soup Company's (CPB) current price stands at $20.61, reflecting a 0.268% increase from the previous close. The trading volume of $1.54 million is 17.43% above the average. Notable trading patterns indicate a slight price uptick.
CPB's latest quarterly earnings report on March 10th revealed earnings per share of $0.51, slightly below the consensus estimate of $0.568. Total revenue for the quarter was $2.56 billion, surpassing the consensus estimate of $2.40 billion.
With a forward dividend yield of 7.57%, CPB distributed dividends of 39 cents per share MRQ, showing a year-over-year increase of 4 cents. The trailing twelve months dividend per share was $1.56.
CPB reported a free cash flow of $643 million, with net cash increasing by $393 million. Noteworthy is the absence of debt repayment during the period.
The company generated $2.56 billion in revenue, resulting in a gross profit of $717 million. Operating income stood at $272 million, with a net income of $145 million, translating to an earnings per share of 49 cents.
Key ratios include a gross profit margin of 27.96%, a return on equity of 3.62%, and a price-to-earnings ratio of 14.14, indicating a stable financial performance.
CPB's total assets amount to $15.35 billion, with total liabilities at $11.34 billion, showcasing a relatively healthy financial position.
This real-time financial report provides insights into CPB's current market performance, earnings, dividends, cash flow, and financial ratios.
Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada. This segment provides Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups, and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans, and dinner sauces; Swanson canned poultry; Plum baby food and snacks; V8 juices and beverages; and Campbell's tomato juice. The Snacks segment retails Pepperidge Farm cookies, crackers, fresh bakery, and frozen products; Milano cookies and Goldfish crackers; and Snyder's of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, Late July snacks, Snack Factory Pretzel Crisps, Pop Secret popcorn, Emerald nuts, and other snacking products. This segment is also involved in the retail business in Latin America. It sells its products through retail food chains, mass discounters and merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as e-commerce and other retail, commercial, and non-commercial establishments, and independent contractor distributors. The company was founded in 1869 and is headquartered in Camden, New Jersey.