Adjusted EPS for Q4 met analyst expectations; adjusted EBIT slightly beat estimates
Company cut dividend by 36% and launched $500 mln cost savings program
Analyst coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 13 "hold" and 7 "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for Campbell's Co is $20.00, about 15.9% below its September 2 closing price of $23.78
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 10 three months ago
Result drivers and key details
INFLATION AND SUPPLY CHAIN COSTS - Co said cost inflation and other supply chain costs, including tariffs, drove margin declines
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