J.M. Smucker (SJM) Misses Q3 EPS by 11c; Reduces FY12 Outlook
November 17, 2011 7:01 AM
J.M. Smucker Co. (NYSE: SJM) reported Q3 EPS of $1.29, $0.11 worse than the analyst estimate of $1.40. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.49 billion.
Sees FY12 EPS of $4.90-$5 (excluding special costs of 60-65 cents), which compares to the Street estimate of $5.11. The company had previously guided to $5-$5.15.