What Campbell Soup's Earnings Mean for Mutual Fund Investors (CPB)

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What Campbell Soup's Earnings Mean for Mutual Fund Investors (CPB)

Campbell Soup Company logo
Before the opening bell on Wednesday, Campbell Soup Company (CPB) released its second quarter financial results. Here’s what the results mean for mutual fund investors.

Inside CPB’s Results

Earnings

The company reported earnings of $207 million, or 66 cents per share, down from $228 million, or 74 cents per share, last year. Excluding special items, EPS came in at 66 cents, which matched analysts’ view.

Revenue
Revenue dropped 2% to $2.23 billion from $2.28 billion. Analysts expected revenue of $2.23 billion.

Outlook
Looking forward, CPB expects to see FY2015 EPS between $2.32 and $2.38. Analysts expect to see EPS of $2.39.

Consumer Tastes Are Changing … and So Is Campbell’s Plan

Campbell Soup, which is best known for its soup products, announced a three-year restructuring plan that will be aimed at cost cutting and investing in new products. The company has been seeing sluggish sales in its soup business, and is now moving its focus to new consumer tastes, including organic and fresh foods.

Mutual Funds to Watch

Investors interested in CPB may consider a mutual fund as an alternative to owning the individual stock. The funds below currently hold the largest stakes in CPB.

The Bottom Line

The funds listed above allow investors to gain exposure to CPB while remaining diversified. Investors interested in CPB may also be interested in Unilever (UL) and Kraft Foods (KRFT).

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Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

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Campbell Soup Company logo

What Campbell Soup's Earnings Mean for Mutual Fund Investors (CPB)

Before the opening bell on Wednesday, Campbell Soup Company (CPB) released its second quarter financial results. Here’s what the results mean for mutual fund investors.

Inside CPB’s Results

Earnings

The company reported earnings of $207 million, or 66 cents per share, down from $228 million, or 74 cents per share, last year. Excluding special items, EPS came in at 66 cents, which matched analysts’ view.

Revenue
Revenue dropped 2% to $2.23 billion from $2.28 billion. Analysts expected revenue of $2.23 billion.

Outlook
Looking forward, CPB expects to see FY2015 EPS between $2.32 and $2.38. Analysts expect to see EPS of $2.39.

Consumer Tastes Are Changing … and So Is Campbell’s Plan

Campbell Soup, which is best known for its soup products, announced a three-year restructuring plan that will be aimed at cost cutting and investing in new products. The company has been seeing sluggish sales in its soup business, and is now moving its focus to new consumer tastes, including organic and fresh foods.

Mutual Funds to Watch

Investors interested in CPB may consider a mutual fund as an alternative to owning the individual stock. The funds below currently hold the largest stakes in CPB.

The Bottom Line

The funds listed above allow investors to gain exposure to CPB while remaining diversified. Investors interested in CPB may also be interested in Unilever (UL) and Kraft Foods (KRFT).

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next