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What to Look for When Campbell Soup (CPB) Reports Q4 Results

NEW YORK (TheStreet) -- Shares of Campbell Soup (CPB) were declining in midday trading on Wednesday ahead of the company's 2016 fiscal fourth quarter results, due out before tomorrow's opening bell.

Analysts are projecting that earnings will increase year-over-year, while revenue will be flat compared to a year ago.

Wall Street is expecting the Camden, NJ-based food company to post earnings of 50 cents per share on revenue of $1.69 billion for the fourth quarter.

During the same period last year, Campbell said it had adjusted earnings of 49 cents per share on revenue of $1.69 billion.

For fiscal 2016, analysts are looking for earnings of $2.97 per share on revenue of $7.96 billion. Last year, the company earned $2.46 per share on revenue of $8.08 billion.

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