Campbell: Fiscal Q1 Earnings Snapshot

CAMDEN, N.J. (AP) — CAMDEN, N.J. (AP) — The Campbell's Company (CPB) on Tuesday reported fiscal first-quarter profit of $194 million.

The Camden, New Jersey-based company said it had profit of 65 cents per share. Earnings, adjusted for non-recurring costs, were 77 cents per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

The maker of canned soup, Pepperidge Farm cookies and V8 juice posted revenue of $2.68 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $2.66 billion.

Campbell expects full-year earnings in the range of $2.40 to $2.55 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPB at https://www.zacks.com/ap/CPB