BUZZ-Campbell's rises after it maintains annual outlook, beats quarterly profit

Campbell's

Campbell's

CPB

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** Shares of packaged food maker Campbell's CPB.O up 3% at $22.36 premarket

** Co beats Q3 profit estimates, sticks to its annual forecast

** Posts Q3 adjusted EPS of 50 cents, beating estimate of 48 cents - data compiled by LSEG

** Q3 net sales decline 4% to $2.37 billion, compared with analysts' estimate of $2.38

** CPB expects annual organic net sales to fall between 1% and 2%, and adjusted profit per share to be in the range of $2.15 to $2.25

** As of last close, stock down 22% YTD