Benzinga | Dec 7, 2021 10:05AM EST

A Preview Of Campbell Soup's Earnings

Campbell Soup (NYSE:CPB) is set to give its latest quarterly earnings report on Wednesday, 2021-12-08. Here's what investors need to know before the announcement.

Analysts estimate that Campbell Soup will likely report an Earnings Per Share (EPS) of $0.81.

Campbell Soup bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.08, which was followed by a 0.52% increase in the share price the next day.

Here's a look at Campbell Soup's past performance and the resulting price change:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021EPS Estimate 0.47 0.66 0.84 0.91EPS Actual 0.55 0.57 0.84 1.02Price Change % 0.52% -0.44% -0.92% 0.06%

Stock Performance

Shares of Campbell Soup were trading at $41.3 as of December 06. Over the last 52-week period, shares are down 12.8%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here