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Campbell's Earnings Beat Estimates
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FBN's Diane Macedo with earnings reports from Campbell's and Heinz.
- Duration 0:58
- Date Feb 17, 2012
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FBN's Diane Macedo with earnings reports from Campbell's and Heinz.
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-- dot com.
Hey everyone I'm Diana -- don't we just got earnings in from Campbell Soup the companies reporting a profit of sixty source cents a share that beat the estimate.
Of 62 cents.
Revenue came in just -- -- the estimate at two point eleven billion dollars while the estimate was for two point 12 billion dollars.
We got better than expected third quarter earnings from HJ Heinz a short time ago.
That company reported an adjusted profit of 95 cents a share -- ten cents above the analysts' estimates.
Thanks to growth in emerging markets revenue also topped the forecast at two point 92 billion dollars that's a 9% jump.
In -- of revenue also helped drive the better than expected results Heinz also says it plans to close eight factories.
Here's a quick look at futures they are now up across the board after being mixed all morning deputies are up by forty points yes and he's up by three and -- nasdaq's up by two.
Imus in the morning continues right now on Fox Business giving you the --