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Campbell Soup Co Reaffirms FY 2013 Guidance


Wednesday, 24 Jul 2013 07:30am EDT 

Campbell Soup Co announced that it continues to expect sales growth at the upper end of the 10% to 12% range and adjusted EBIT growth at the upper end of the 4% to 6% range. Adjusted earnings per share (EPS), benefiting from a favorable tax rate and EBIT improvement, is expected to grow between 6% and 7%, putting adjusted EPS in the range of $2.58 to $2.62. The Company reported revenue of $7.7 billion and EBIT of $1.224 billion in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $8.59 billion, EBIT of $1.29 billion and EPS of $2.61 for fiscal 2013. 

Company Quote

45.17
-0.1 -0.22%
11:29am EDT