Q2 Earnings Estimate for Campbell's Issued By Zacks Research

Key Points

• Zacks Research lowered Campbell’s Q2 2027 EPS estimate to $0.43 from $0.46 and assigned the stock a “Strong Sell” rating. Its FY2027 and FY2028 EPS forecasts stand at $1.71 and $1.86, respectively.
• Campbell’s most recent quarter met expectations with EPS of $0.39, but revenue fell 7.9% year over year to $2.14 billion. Management’s FY2027 EPS guidance is $1.65–$1.80.
• Analyst sentiment remains cautious, with an average “Reduce” rating and a $19.88 price target; the stock recently traded at $21.18. Campbell’s pays a quarterly dividend of $0.25, equivalent to a 4.7% annual yield.

The Campbell's Company (NASDAQ:CPB - Free Report) - Equities research analysts at Zacks Research dropped their Q2 2027 EPS estimates for Campbell's in a research report issued on Thursday, September 17th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.43 for the quarter, down from their previous forecast of $0.46. Zacks Research currently has a "Strong Sell" rating on the stock. The consensus estimate for Campbell's' current full-year earnings is $1.70 per share. Zacks Research also issued estimates for Campbell's' Q3 2027 earnings at $0.44 EPS, Q4 2027 earnings at $0.42 EPS, FY2027 earnings at $1.71 EPS, Q2 2028 earnings at $0.44 EPS, Q3 2028 earnings at $0.47 EPS, Q4 2028 earnings at $0.46 EPS, FY2028 earnings at $1.86 EPS and FY2029 earnings at $1.96 EPS.

Campbell's (NASDAQ:CPB - Get Free Report) last issued its earnings results on Thursday, September 3rd. The company reported $0.39 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.39. The company had revenue of $2.14 billion during the quarter. Campbell's had a net margin of 4.04% and a return on equity of 16.44%. The company's quarterly revenue was down 7.9% on a year-over-year basis. During the same period last year, the business posted $0.62 earnings per share. Campbell's has set its FY 2027 guidance at 1.650-1.800 EPS.

Other analysts also recently issued reports about the company. Evercore set a $21.00 target price on Campbell's in a research report on Monday. JPMorgan Chase & Co. lifted their price target on Campbell's from $20.00 to $22.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 18th. Barclays decreased their price objective on shares of Campbell's from $19.00 to $18.00 and set an "underweight" rating on the stock in a research report on Friday, September 4th. Stephens set a $20.00 target price on shares of Campbell's in a report on Friday, August 28th. Finally, Stifel Nicolaus lifted their target price on shares of Campbell's from $20.00 to $22.00 and gave the stock a "hold" rating in a research report on Wednesday, July 22nd. Twelve analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Reduce" and an average price target of $19.88.

Campbell's Stock Performance

NASDAQ CPB opened at $21.18 on Friday. The business has a 50 day moving average price of $22.48 and a 200 day moving average price of $21.93. The company has a market capitalization of $6.32 billion, a P/E ratio of 16.17, a PEG ratio of 2.52 and a beta of 0.03. Campbell's has a 1-year low of $19.56 and a 1-year high of $34.17. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.82 and a quick ratio of 0.33.

Campbell's Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 1st will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Thursday, October 1st. Campbell's's payout ratio is presently 119.08%.

Hedge Funds Weigh In On Campbell's

Hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its holdings in Campbell's by 23.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,239,231 shares of the company's stock worth $228,026,000 after acquiring an additional 1,933,814 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Campbell's in the second quarter worth about $79,090,000. First Trust Advisors LP raised its stake in Campbell's by 35.0% during the first quarter. First Trust Advisors LP now owns 2,820,793 shares of the company's stock valued at $62,819,000 after buying an additional 731,393 shares in the last quarter. Lazard Asset Management LLC bought a new position in Campbell's during the 1st quarter worth approximately $61,261,000. Finally, Cerity Partners LLC grew its position in shares of Campbell's by 190.3% in the 4th quarter. Cerity Partners LLC now owns 2,680,839 shares of the company's stock worth $74,715,000 after acquiring an additional 1,757,264 shares in the last quarter. Institutional investors and hedge funds own 52.35% of the company's stock.

Trending Headlines about Campbell's

Here are the key news stories impacting Campbell's this week:

• Positive Sentiment: Zacks raised select quarterly EPS forecasts, including Q3 2027 to $0.44 from $0.43 and Q4 2027 to $0.42 from $0.39. Estimates for Q3 and Q4 2028 were also increased modestly, suggesting some expectations for improvement in later periods.
• Positive Sentiment: Campbell extended its credit facility to approximately $1.85 billion, helping preserve liquidity and financial flexibility. Campbell Soup Extends $1.85 Billion Credit Facility
• Neutral Sentiment: Zacks’ current-year EPS consensus remains $1.70, broadly consistent with the company’s recent earnings outlook. However, Campbell’s latest reported quarter showed revenue down 7.9% year over year and EPS of $0.39, underscoring ongoing operating challenges.
• Negative Sentiment: Zacks cut its FY2027 EPS forecast to $1.71 from $1.92 and its FY2028 forecast to $1.86 from $2.07. It also lowered Q2 2027 EPS to $0.43 from $0.46 and Q2 2028 EPS to $0.44 from $0.51.
• Negative Sentiment: The estimate reductions indicate weaker expected earnings momentum despite modest increases in other quarters. The negative outlook is more significant given Campbell’s elevated leverage, with a debt-to-equity ratio of 1.60 and a current ratio below 1.0, which may amplify investor concerns about financial flexibility.

Campbell's Company Profile

Campbell's NASDAQ: CPB is a branded food company that develops, produces and markets packaged meals, beverages and snacks. Its portfolio includes soups, sauces, pasta products, frozen meals, dips, crackers, cookies and yogurt.

The company's brands include Campbell's, Goldfish, Pepperidge Farm, V8, Prego, Pace, Swanson, Rao's, Michael Angelo's and noosa. Products are sold primarily through grocery stores, mass merchants, club stores, convenience stores, food-service distributors and e-commerce channels.

Founded in 1869 by Joseph A.

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