Campbell Soup Q1 profit beats estimate (Reuters)

(Reuters) ? Campbell Soup Co (CPB.N), the world's largest soup maker, reported a higher-than-expected quarterly profit, helped by a fall in advertising and promotion expenses.

For the first quarter ended October 30, net earnings attributable to Campbell Soup were $265 million, or 82 cents a share, compared with $279 million, or 82 cents a share, a year ago.

Sales fell 1 percent to $2.16 billion.

Analysts on average were expecting a profit of 79 cents a share, on sales of $2.21 billion, according to Thomson Reuters I/B/E/S.

(Reporting by Mihir Dalal in New York )

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/nm/20111122/bs_nm/us_campbellsoup

buccaneers bernanke bernanke tampa bay buccaneers meredith kercher meredith kercher waxahachie