Investing.com - Campbell Soup reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Campbell Soup announced earnings per share of $1.02 on revenue of $2.34B. Analysts polled by Investing.com anticipated EPS of $0.9098 on revenue of $2.32B.
Campbell Soup shares are down 2% from the beginning of the year and are trading at $48.32 , down-from-52-week-high.They are under-performing the S&P 500 which is up 14.59% from the start of the year.
Campbell Soup shares gained 0.12% in pre-market trade the report.
Campbell Soup follows other major Consumer/Non-Cyclical sector earnings this month
Campbell Soup's report follows an earnings missed by Brown Forman A on Tuesday, who reported EPS of $0.5 on revenue of $985M, compared to forecasts EPS of $0.5023 on revenue of $967.27M.
Brown Forman had missed expectations on Tuesday with second quarter EPS of $0.5 on revenue of $985M, compared to forecast for EPS of $0.5082 on revenue of $967.27M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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