Mar 10 2023

Campbell Soup: Warm Comfort for an Ailing Economy?

published by Karl Montevirgen
in blog StockCharts.com
original entryCampbell Soup: Warm Comfort for an Ailing Economy?

Two big things about Campbell Soup (CPB)First, the company crushed it in earnings last Wednesday. Its second-quarter FY23 results delivered an upside surprise with an EPS that was 8.37% higher than analysts expected and revenue 2.21% higher than Wall Street estimates.Second, CPB is rising from the bottom side of a wide and long trend channel.What drove the...

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