J. M. Smucker (SJM) Tops Q4 EPS by 23c, Offers Guidance

J. M. Smucker (NYSE: SJM) reported Q4 EPS of $2.64, $0.23 better than the analyst estimate of $2.41. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.17 billion.

GUIDANCE:

J. M. Smucker sees FY2024 EPS of $9.20-$9.60, versus the consensus of $9.37.

• The Company provided its fiscal year 2024 outlook, with an expected comparable net sales increase of 8.5 to 9.5 percent, adjusted earnings per share to range from $9.20 to $9.60, and free cash flow of $650 millio

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

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