Campbell Soup (CPB) Q3 Earnings Preview: What to Expect

Font: Financial Modeling Prep  • Jun 04, 2026

Campbell Soup Company (NYSE: CPB) Q3 Earnings Preview: What to Expect

• Campbell Soup Company (NYSE) is set to release its Q3 earnings on June 8, 2026, with analysts projecting revenue of approximately $2.38 billion and earnings per share (EPS) of $0.48.
• Expected declines are primarily in the Snacks and Fresh Bakery segments, though strong performance from the Meals & Beverages division, particularly the Rao's brand, is providing some balance.
• The company's financial health includes a debt-to-equity ratio of 1.77 and a trailing Price-to-Earnings (P/E) ratio of 11.68.

Campbell Soup Company (NYSE) is a major American food producer. The company is known for its iconic canned soups, Pepperidge Farm baked goods, and V8 juices. It operates in a competitive industry against other large food and beverage corporations. Campbell Soup Company is scheduled to release its quarterly earnings report soon, a key event for investors tracking the food and beverage sector.

On June 8, 2026, Campbell Soup Company will announce its financial results for the third quarter before the market opens. For the quarter, Wall Street analysts are estimating revenue of approximately $2.38 billion. The consensus estimate, as highlighted by Zacks Investment Research, is slightly higher at $2.39 billion, a 3.6% decrease from the prior-year quarter, reflecting current market dynamics for the consumer staples giant.

Analysts also forecast an earnings per share (EPS) of $0.48. EPS is a company's profit divided by its outstanding shares, indicating profitability on a per-share basis. This projection marks a significant 34.3% drop compared to the same period last year. This estimate has also been recently revised downward by analysts, signaling potential challenges for the food producer.

The expected decline in Campbell Soup Company's performance is largely due to continued weakness in the company's Snacks and Fresh Bakery businesses. However, the Meals & Beverages division is performing better. This strength is led by the Rao's brand and steady demand for broth and soup, which is expected to partly balance the broader declines across the company's portfolio.

Looking at its financial health, Campbell Soup Company has a debt-to-equity ratio of 1.77. This ratio compares a company's total debt to its total shareholder equity and is used to evaluate its financial leverage. The company's trailing Price-to-Earnings (P/E) ratio, which measures its current share price relative to its per-share earnings, is 11.68, offering insights into its valuation in the market.