J M Smucker Co (SJM) Expected to Announce Earnings of $2.03 Per Share

Analysts expect J M Smucker Co (NYSE:SJM) to post earnings per share of $2.03 for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for J M Smucker’s earnings. The highest EPS estimate is $2.05 and the lowest is $2.00. J M Smucker reported earnings of $2.50 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 18.8%. The firm is scheduled to issue its next earnings report on Friday, February 15th.

According to Zacks, analysts expect that J M Smucker will report full year earnings of $8.03 per share for the current year, with EPS estimates ranging from $7.98 to $8.10. For the next year, analysts anticipate that the company will post earnings of $8.37 per share, with EPS estimates ranging from $8.06 to $8.74. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for J M Smucker.

J M Smucker (NYSE:SJM) last released its quarterly earnings results on Wednesday, November 28th. The company reported $2.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.29 by ($0.12). The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.05 billion. J M Smucker had a return on equity of 12.03% and a net margin of 17.59%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous y....

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