Q1 Earnings Estimate for Campbell's Issued By Zacks Research

Key Points

• Zacks Research has lowered its Q1 2026 EPS estimate for Campbell's from $0.88 to $0.73, reflecting a reduction in projected earnings for the coming quarter.
• In its recent earnings report, Campbell's posted $0.62 EPS, exceeding analyst expectations, but its revenue fell short at $2.32 billion against a forecast of $2.33 billion.
• The company announced a quarterly dividend of $0.39 per share, yielding approximately 4.7%, with an ex-dividend date set for October 2nd.

The Campbell's Company (NASDAQ:CPB - Free Report) - Research analysts at Zacks Research lowered their Q1 2026 earnings estimates for Campbell's in a report released on Wednesday, September 17th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.73 for the quarter, down from their previous estimate of $0.88. The consensus estimate for Campbell's' current full-year earnings is $3.15 per share. Zacks Research also issued estimates for Campbell's' Q2 2026 earnings at $0.64 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.50 EPS, Q1 2027 earnings at $0.79 EPS, Q2 2027 earnings at $0.70 EPS, Q3 2027 earnings at $0.64 EPS, Q4 2027 earnings at $0.53 EPS, FY2027 earnings at $2.66 EPS and FY2028 earnings at $2.75 EPS.

A number of other brokerages have also recently weighed in on CPB. Bank of America lifted their price target on shares of Campbell's from $29.00 to $30.00 and gave the company an "underperform" rating in a research report on Thursday, September 4th. Cowen restated a "hold" rating on shares of Campbell's in a research note on Thursday, September 4th. Sanford C. Bernstein lifted their price target on shares of Campbell's from $38.00 to $39.00 and gave the stock an "outperform" rating in a research note on Thursday, September 4th. Wells Fargo & Company dropped their price target on shares of Campbell's from $34.00 to $32.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 9th. Finally, DA Davidson dropped their price target on shares of Campbell's from $39.00 to $34.00 and set a "neutral" rating for the company in a research note on Monday, June 9th. Three equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat.com, Campbell's currently has an average rating of "Reduce" and an average target price of $34.71.

Campbell's Trading Down 1.2%

CPB stock traded down $0.42 during midday trading on Thursday, reaching $33.02. 1,911,190 shares of the company's stock traded hands, compared to its average volume of 4,551,460. The company has a market capitalization of $9.84 billion, a P/E ratio of 16.49, a PEG ratio of 11.62 and a beta of 0.05. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.28. Campbell's has a fifty-two week low of $29.39 and a fifty-two week high of $51.01. The business has a 50-day moving average price of $32.47 and a two-hundred day moving average price of $34.47.

Campbell's (NASDAQ:CPB - Get Free Report) last released its earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.05. Campbell's had a net margin of 5.87% and a return on equity of 22.95%. The business had revenue of $2.32 billion for the quarter, compared to analysts' expectations of $2.33 billion. During the same period last year, the company earned $3.08 earnings per share. The company's quarterly revenue was up 1.2% on a year-over-year basis. Campbell's has set its FY 2026 guidance at 2.400-2.550 EPS.

Hedge Funds Weigh In On Campbell's

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in Campbell's by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 24,120,172 shares of the company's stock valued at $962,877,000 after buying an additional 494,567 shares in the last quarter. State Street Corp grew its position in Campbell's by 1.3% in the 2nd quarter. State Street Corp now owns 11,960,359 shares of the company's stock valued at $366,585,000 after buying an additional 149,679 shares in the last quarter. Invesco Ltd. grew its position in Campbell's by 12.9% in the 2nd quarter. Invesco Ltd. now owns 5,608,158 shares of the company's stock valued at $171,890,000 after buying an additional 642,490 shares in the last quarter. Geode Capital Management LLC grew its position in Campbell's by 2.2% in the 2nd quarter. Geode Capital Management LLC now owns 5,576,573 shares of the company's stock valued at $170,279,000 after buying an additional 121,777 shares in the last quarter. Finally, LSV Asset Management grew its position in Campbell's by 1.8% in the 2nd quarter. LSV Asset Management now owns 3,941,400 shares of the company's stock valued at $120,804,000 after buying an additional 71,200 shares in the last quarter. Institutional investors and hedge funds own 52.35% of the company's stock.

Campbell's Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, October 2nd. This represents a $1.56 annualized dividend and a dividend yield of 4.7%. Campbell's's payout ratio is 78.00%.

About Campbell's

The Campbell's Company, formerly known as Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.