Campbell Soup earnings preview: Was the dividend boost a good sign?

Filed under: Earnings reports, Forecasts, Campbell Soup (CPB)

Campbell Soup Co. (CPB), which recently raised its quarterly dividend by 10%, is scheduled to discuss its fiscal first-quarter 2010 financial results in a conference call Monday, November 23, at 10:00 AM ET. You can catch the live webcast of the call on the company's website.

During the three months that ended in October, Campbell revamped its Chunky line of soups, was named to the Dow Jones Sustainability Indexes, and debuted its first Times Square billboard. Analysts surveyed by Thomson Reuters expect the world's biggest soup maker to report that earnings for that period rose 4.9% from a year ago to $0.81 per share. And revenue for the quarter is expected to be 1.5% higher to $2.3 billion.

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Campbell Soup earnings preview: Was the dividend boost a good sign? originally appeared on BloggingStocks on Sun, 22 Nov 2009 14:40:00 EST. Please see our terms for use of feeds.

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