Campbell Soup Ready for its Quarterly Earnings Release

Published on Thursday, 02 September 2010 10:00 Written by Gerard Lerod

New York, September 2nd (TradersHuddle.com) - Shares of Campbell Soup Company (NYSE:CPB) are trading higher by +0.16% ahead of its quarterly earnings release. Campbell Soup, the maker of branded convenience food products like soup is expected to release its quarterly results on September 3^rd.

Wall Street Analysts consensus calls for a profit of $0.3 a share on $1.6 billion revenue.

Campbell Soup estimates have a range of $0.05 a share. The high estimate calls for profit of $0.33 a share and the low estimate is calling for a profit of $0.28 a share, a year ago for the quarter the company reported $0.3 a share.

Campbell Soup Company (NYSE:CPB), together with its subsidiaries, engages in the manufacture and marketing of branded convenience food products worldwide. Its business is divided in 4 segments U.S. Soup, Sauces, and Beverages; Baking and Snacking; International Soup, Sauces, and Beverages; and North America Foodservice.