JM Smucker (SJM) Tops Q2 EPS by 1c; Guides In-Line
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JM Smucker (NYSE: SJM) reports Q2 earnings of $1.02 per share, ex-items, above the consensus of $1.01. Revenues came in at $843.1 million, versus the consensus of $796.1 million.
JM Smucker sees FY09 EPS of $3.45-$3.50, ex-items, above the consensus of $3.47. Sees FY09 revenues of $3.8-$4 billion, versus the consensus of $3.85 billion.
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SJM
Joe Pampel on Nov 23, 2008 01:53 PMSJM will do great with Folgers which will more than double the size of company with the #1 brande of coffee - as recession proof product.