Campbell Soup Co.

NYSE:CPB   3:59:59 PM EDT
49.85
+1.00 (+2.05%)
Dividends, Other Pre-Announcement

Campbell Reports First-Quarter Fiscal 2021 Results And Increases Quarterly Dividend

Published: 12/09/2020 12:37 GMT
Campbell Soup Co. (CPB) - Campbell Reports First-quarter Fiscal 2021 Results and Increases Quarterly Dividend.
Q1 Adjusted Earnings per Share $1.02 From Continuing Operations.
Q1 Earnings per Share Estimate $0.91 -- Refinitiv Ibes Data (analyst estimates).
Q1 Sales $2.34 Billion Versus Refinitiv Ibes Estimate of $2.32 Billion.
Increases Quarterly Dividend by 6% to $0.37 per Share.
Qtrly Organic Net Sales Increased 8%.
Sees Q2 2021 Net Sales Up 5% to Up 7%.
Sees Q2 2021 Adjusted EPS $0.81 to $0.83.
Q2 Earnings per Share View $0.84, Revenue View $2.30 Billion -- Refinitiv Ibes Data (analyst estimates).
Remains on Track to Deliver Annualized Savings of $850 Million by End of Fiscal 2022.