Campbell Soup misses by $0.05, misses on revenue

Waldron Lp Increased Campbell Soup Co (NYSE:CPB) Stake by $221.59 Million

The company noted that its broth business has been pressured by private-label alternatives, which have grown market share in the overall soup category. $56's average target is -2.46% below currents $57.41 stock price. Thompson Siegel & Walmsley LLC bought a new stake in Campbell Soup Company during the fourth quarter worth approximately $121,000. It fall, as 59 investors sold Campbell Soup Company shares while 176 reduced holdings.

Twin Tree Mngmt Limited Partnership holds 0.02% of its portfolio in Campbell Soup Company (NYSE:CPB) for 42,005 shares. Four analysts surveyed by Zacks expected $1.87 billion. World Asset Management Inc now owns 19,591 shares of the company's stock valued at $1,072,000 after buying an additional 1,874 shares during the period. Ibm Retirement Fund holds 0.05% in Campbell Soup Company (NYSE:CPB) or 17,465 shares.

On 18 May 2017, Deere & Company (NYSE:DE) shares moved to $112.67.

In the quarter ending July 2016, Campbell Soup Company delivered an even larger earnings beat. The stock of Campbell Soup Company (NYSE:CPB) earned "Hold" rating by Deutsche Bank on Friday, August 26.

More news: What we currently know about the global cyberattack

Campbell Soup is struggling to transform into a company known for fresher foods like carrots and refrigerated juices as its flagship canned soup business declines. The stock is now trading -2.80% below its SMA 50 and -5.66% below its SMA 200. For the last period, the company reported quarter over quarter EPS growth of -61.50% and quarter over quarter sales growth of -1.40%. Finally, Sullivan Bruyette Speros & Blaney LLC bought a new stake in Campbell Soup Company during the fourth quarter worth approximately $205,000. Investors may also be paying close concentration to some simple moving average indicators on shares of Gastar Exploration Inc. The firm's quarterly revenue was down 1.4% on a year-over-year basis. Art Advisors Limited Liability Company has 0.12% invested in Campbell Soup Company (NYSE:CPB) for 32,300 shares. Stockholders of record on Wednesday, April 12th were paid a dividend of $0.35 per share. The stock declined 2.05% or $1.17 reaching $55.77 on the news. The ex-dividend date was Monday, April 10th. Campbell Soup Company's payout ratio is 66.04%. If you are accessing this report on another website, it was stolen and reposted in violation of US and worldwide trademark & copyright legislation. Alliancebernstein L P reported 0.13% in Campbell Soup Company (NYSE:CPB). Poor earnings, bad news, organizational changes and/or market influences can cause a stock's price to decrease suddenly. On Thursday, February 18 the stock rating was maintained by Deutsche Bank with "Hold". As per Tuesday, September 22, the company rating was upgraded by Zacks. The firm has "Sell" rating by Goldman Sachs given on Tuesday, January 5. Wells Fargo & Co reiterated a "market perform" rating on shares of Campbell Soup Company in a research note on Monday, February 27th. RBC Capital Markets has "Sector Perform" rating and $62 target.

Among 16 analysts covering Oil States (NYSE:OIS), 7 have Buy rating, 0 Sell and 9 Hold. Campbell Soup Company had a return on equity of 58.62% and a net margin of 8.30%.

In other Campbell Soup Company news, Director Bennett Dorrance purchased 915,766 shares of the company's stock in a transaction that occurred on Thursday, March 30th. Following the completion of the transaction, the director now directly owns 24,978 shares in the company, valued at $1,432,238.52. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The company was maintained on Thursday, July 23 by RBC Capital Markets. Campbell blamed the drop in the fresh unit on ongoing production issues stemming from a recall of some of its Bolthouse Farm beverages last year, and said it expects to be back to full production by its next fiscal year.

Related News:

  • Justice Department appoints special counsel in Russia investigation

    Justice Department appoints special counsel in Russia investigation

    Putin also said that the scandal with that secret information was an act of "political schizophrenia". Comey and the special counsel probe of Russian interference and potential connections to Trump aides.
    Several injured, 1 dead after speeding vehicle drives into Times Square

    Several injured, 1 dead after speeding vehicle drives into Times Square

    Authorities have also ruled out terrorism in connection with the crime. "He's easily, probably going over 40 (mph)", Rivera said. Witnesses said the driver was speeding, seemed to be aiming for pedestrians, appeared to be angry and was yelling.
    SRK admission form: Marks don't matter..

    SRK admission form: Marks don't matter..

    Students should understand that the scenario was different back then. "When it's the King of Bollywood, traffic is a must". Surprisingly, one star has been silent all these while allthough his best friend Karan Johar has been part of it.
  • Honoring Minnesota officers killed in the line of duty

    Honoring Minnesota officers killed in the line of duty

    The color blue is in honor of police officers who have been killed and disabled during the line of duty. This week is National Police Week , a week to honor law enforcement across the country.

    Man who ran over pedestrians was 'hearing voices'

    Rojas initially tested negative for alcohol, but more detailed testing was being carried out, according to two police officials. It's believed he had been smoking the drug, also known as K2, prior to the crash that killed a tourist and injured 22 others.
    US imposes sanctions on Venezuela Supreme Court

    US imposes sanctions on Venezuela Supreme Court

    Despite its vast oil reserves, Venezuela is suffering chronic shortages of food, medicine and other basic supplies. Trump's administration has repeatedly raised concerns that Maduro is moving toward one-party, authoritarian rule.
  • Pakistan Tehreek-e-Insaf blames Sharif for ICJ stay of Jadhav execution

    Pakistan Tehreek-e-Insaf blames Sharif for ICJ stay of Jadhav execution

    She suspected that the government wanted to hand over Jadhav to India and this was the outcome of Jindal's meeting with the PM. The Vienna Convention has provisions for consular access to accused even in cases of terror and espionage, the court said.
    US vows further action against Venezuela's 'bad actors' barring changes

    US vows further action against Venezuela's 'bad actors' barring changes

    Foreign Minister Delcy Rodriguez, however, said on Twitter that the United States was out to topple the Venezuelan government. Elected in 2013, Maduro has accused the opposition of plotting a coup against him with United States backing.
    What's the deal with Android's new security suite 'Google Play Protect'?

    What's the deal with Android's new security suite 'Google Play Protect'?

    As The Verge points out, this isn't the first time that Google has added exciting new functionality to smartphone cameras. For instance, Photos will notice when you take a shot of a friend and nudge you to send it to her, so you don't forget.
  • Deere Announces Earnings for Second Quarter

    Deere Announces Earnings for Second Quarter

    Deere & Company (NYSE:DE) reported a Q2 profit that increased 62% over last year's comparable period on revenue that was up 2.1%. As a result, we have raised our forecast and are now calling for significantly higher earnings for the full year.

    Accused Times Square driver's troubled past included Navy prison

    Photo taken on May 18, 2017 shows the scene of a vehicle crash incident at Times Square in New York City, the United States. Several social media users also alleged Mr Rojas was acting on ISIS instructions for vehicle attacks in built-up areas.

    Justice Department appoints special counsel in Russian Federation investigation

    He said he respected the special counsel appointment but also said it "hurts our country terribly". We know that voters who supported President Donald Trump wanted a shake-up in Washington .


Most liked

Indian migrant worker dies after leaving Qatar World Cup venue
So far, two people have died while working on stadium sites, including a British man who fell to his death at Khalifa Stadium. Pictures of the very first stadium, the Khalifa International, have surfaced online and many have praised its design.

Roger Ailes, media guru and political strategist, dies at 77
He played a role in Mr Nixon's successful campaign, as well as for other Republican presidents Ronald Reagan and George Bush Snr. Bill O'Reilly is warmly remembering former Fox News Channel founder Roger Ailes , who died after a fall at his home on May 10.

'200000 users, 150 countries hit by ransomware'
Subject to approval, Shona Robison, MSP, health secretary, will make a Parliamentary statement on the attacks today. Britain spends about £145bil (RM807.3bil) a year on health, or about a fifth of its state budget.

Trump's laptop ban on European flights is reportedly 'off the table'
IATA estimates that banning electronics on flights from Europe to the USA would cost travelers more than $ 1 billion . Britain followed with a similar ban applying to incoming flights from six Middle East and North African countries.

The Warriors destroy the Spurs, 136-100
The Warrior bench continued to pour it on, and the game ended with the Warriors just barely pulling out a narrow win: 136-100. Leading the series 2-0, the Warriors head to San Antonio for Game 3 of the Western Conference Finals on Saturday night.

Brazil's president may lead a 'walking dead administration'
Several prominent Brazilian politicians have been charged on grounds of corruption in recent times. Hundreds flocked to the presidential headquarters in the country's capital shouting " Temer out".

Had anticipated India's victory at ICJ: Harish Salve
India can then go to the Security Council, which may then decide upon measures to be taken to give effect to the judgment. The two leaders thanked senior lawyer Harish Salve, who headed a battery of lawyers presenting Indias case at The Hague.

Trump Russia inquiry: Former FBI boss to lead probe
In the job, Mueller will have all the same powers as a US attorney, though he will still ultimately report to Rosenstein. Rosenstein has done the right thing", Senate Minority Leader Chuck Schumer of NY said on the Senate floor.

Here's what to expect from the NEXT Guardians of the Galaxy films
This is unlike the first film which had a faster pace and was great to watch from beginning to end. Speaking to USA Today , the star said: " The first Groot we saw was a freshman in college ".

Syrian Kurds plan drive on ISIS hub
In March 2016, family members of USA personnel stationed at Incirlik were ordered to evacuate amid rising security concerns. Earlier this week, President Donald Trump's administration said it would arm the Kurdish elements of the Democratic Forces.

US extends sanctions relief under Iran nuclear deal
The latest sanctions coincide with the release to Congress of a semi-annual report detailing Iran's human rights abuses . IRAN slapped sanctions on the U.S. yesterday in retaliation for Washington's measures against its missile programme.

Elon Musk Says Tesla Inc Stock Is Overvalued
Another worker, Michael Sanchez, said he was excited when he was recruited but ended up with two herniated discs in his neck. There's wasn't much upside, however, in how Michael Sanchez, who is on disability leave, described his workweek.

Twin bomb blasts rock university of Maiduguri in Nigeria, 1 dead
The bombers at about 23.45 attempted to enter the female hostel, but were stopped by eagle-eyed security men. Two suicide bombers have detonated bombs in the University of Maiduguri (UNIMAID), reports say.

Ransomware attack: Who's been hit
Two months after Microsoft issued its security patch , thousands of computers remained vulnerable to the WannaCry attack. Bossert said USA officials had not ruled out "state action" it appeared to be criminal, given the ransom requests.

Sharapova receives wild card into pre-Wimbledon event
The remaining Main Draw wild card announcements for Birmingham and our other events will be announced in the coming weeks. Whether that happens now given the LTA's stance remains to be seen.