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

August 23, 2022 7:02 AM

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.

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