NEW YORK (TheStreet) -- Campbell Soup Co. (CPB) will report its 2015 third quarter earnings results before the market open on Friday morning. Analysts are expecting the branded convenience food products manufacturer and marketer to post a year-over-year decline in earnings and revenue for the most recent quarter.
Analysts polled by Thomson Reuters have forecast that Campbell Soup will report earnings of 52 cents per share on revenue of $1.93 billion for the quarter ended April 2015.
Last year, the company said its adjusted earnings were 62 cents per share and net sales came in at $1.97 billion for the 2014 third quarter.
Shares of Campbell Soup closed up by 0.49% to $46.93 on Thursday afternoon.
Camden, NJ.-based Campbell Soup sells food and beverage products under a number of brands including Campbell's, Pepperidge Farm, Prego, V8, and Swanson.
Separately, TheStreet Ratings team rates CAMPBELL SOUP CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate CAMPBELL SOUP CO (CPB) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel its strengths outweigh the fact that the company has had sub par growth in net income."