Campbell Soup Earnings Preview: Can This Streak Continue?

Campbell Soup (NYSE:CPB) will report earnings before markets open on Monday, May 20th. Campbell Soup Company, with its subsidiaries, manufactures and markets branded convenience food products. The Company’s core divisions include soups and sauces, biscuits and confectionery, and foodservice. Campbell’s distributes its products worldwide.

Here is your Cheat Sheet to Campbell Soup Earnings:

Earnings Expectations: Analysts expect earnings of $0.56 per share on revenues of $2.04 billion. Currently, the company’s P/E ratio stands at 19.87.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.43 to a profit $0.42. For the current year, the average estimate is a profit of $2.56, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Campbell Soup has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 7,998 7,586 7,676 7,719 7,707
Diluted EPS ($) 3.06 2.05 2.42 2.42 2.41

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jan. 31, 2012 Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 2,112 1,821 1,613 2,336 2,333
Diluted EPS ($) 0.64 0.55 0.4019 0.78 0.60

Past Performance:
Campbell Soup has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]