Campbell Soup Co. Reports 11% Advance In Q4 Earnings

(RTTNews) - Campbell Soup Co. (CPB) reported earnings for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $282 million, or $0.52 per share. This was higher than $253 million, or $0.46 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.8% to $1.66 billion. This was down from $1.69 billion last year.

Campbell Soup Co. earnings at a glance:

-Earnings (Q4): $282 Mln. vs. $253 Mln. last year. -Earnings Growth (Y-o-Y): 11.5% -EPS (Q4): $0.52 vs. $0.46 last year. -EPS Growth (Y-o-Y): 13.0% -Analysts Estimate: $0.55 -Revenue (Q4): $1.66 Bln vs. $1.69 Bln last year. -Revenue Change (Y-o-Y): -1.8%

-Guidance: Full year EPS guidance: $3.04 to $3.11