JM Smucker Earnings Preview
On Tuesday, August 25, JM Smucker (NYSE: SJM) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
JM Smucker EPS will likely be near $1.68 while revenue will be around $1.81 billion, according to analysts. JM Smucker earnings in the same period a year ago was $1.58 per share. Quarterly sales came in at $1.78 billion. The Wall Street estimate would represent a 6.33% increase in the company's earnings per share. Sales would be have grown 12.14% from the same quarter last year. Here's how the JM Smucker's reported EPS has stacked up against analyst estimates in the past:
EPS Estimate | 2.29 | 2.23 | 2.13 | 1.74 |
EPS Actual | 2.57 | 2.35 | 2.26 | 1.58 |
Revenue Estimate | 2.06 B | 1.97 B | 1.97 B | 1.87 B |
Revenue Actual | 2.09 B | 1.97 B | 1.96 B | 1.78 B |
Stock Performance
Over the last 52-week period, shares are up 7.24%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. JM Smucker is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://78449.themediaframe.com/dataconf/productusers/smuckers/mediaframe/38064/indexl.html
See more from Benzinga
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
