Campbell Soup Co. (CPB) on Tuesday reported fiscal first-quarter earnings of $194 million.

Campbell's Soup Posts Strong Quarterly Earnings
Campbell's Soup products on a store shelf. (Photo by David McNew/Getty Images)

On a per-share basis, the Camden, New Jersey-based company said it had net income of 62 cents. Earnings, adjusted for non-recurring costs, came to 95 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

The maker of canned soup, Pepperidge Farm cookies and V8 juice posted revenue of $2.2 billion in the period, which met Street forecasts.

Campbell expects full-year earnings in the range of $2.75 to $2.83 per share.

Campbell shares have increased 13 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed slightly more than 1 percent. The stock has risen 11 percent in the last 12 months.

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