Campbell Soup beats by $0.04, reports revs in-line; reaffirms FY13 EPS, revs guidance Reports Q2 (Jan) earnings of $0.70 per share, excluding non-recurring items, $0.04 better than the Capital IQ Consensus Estimate of $0.66; revenues rose 10.5% year/year to $2.33 bln vs the $2.32 bln consensus. The acquisition of Bolthouse Farms added 9 percent Price and sales allowances added 2 percent Increased promotional spending subtracted 1 percent.  

Co reaffirms guidance for FY13, sees EPS of $2.51-2.57 vs. $2.54 Capital IQ Consensus Estimate; sees FY13 revs +10-12% to ~$8.48-8.63 bln vs. $8.51 bln Capital IQ Consensus Estimate.

Briefing.com is the leading Internet provider of live market analysis for U.S. Stock, U.S. Bond, and world FX market participants.

Read more In play articles