J. M. Smucker (SJM) Tops Q1 EPS by 40c; Lifts Guidance

J. M. Smucker (NYSE: SJM) reported Q1 EPS of $1.67, $0.40 better than the analyst estimate of $1.27. Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $1.87 billion.

GUIDANCE:

J. M. Smucker sees FY2023 EPS of $8.20-$8.60, versus prior of $7.85-$8.25. Sees sales up 4-5% versus prior of 3.5-4.5%.

For earnings history and earnings-related data on J. M. Smucker (SJM) click here.

You May Also Be Interested In

• FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
• Bernstein SocGen Group Reiterates Outperform Rating on Hermes International (RMS:FP) (HESAY) after cautious commentary
• Nike names former Pfizer CFO David Denton as new finance chief