Jefferies Downgrades J.M. Smucker (SJM) to Hold

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Go back to Jefferies Downgrades J.M. Smucker (SJM) to Hold

Smuckers (SJM) Upside Driven by Accounting Change - Stifel

June 10, 2016 11:19 AM EDT

Stifel analyst, Christopher Growe, noted Smucker's (NYSE: SJM) reported its 4Q16 EPS results with EPS of $1.44, up 43% against the prior year, and well ahead of our consensus leading estimate of $1.22. A lower tax rate provided a $0.07 benefit to the quarter, but the performance here was in every segment producing $0.31 of EPS upside alone in relation to the firm's... More

J. M. Smucker (SJM) Tops Q4 EPS by 66c; Provides Confident FY17 EPS Outlook

June 9, 2016 7:02 AM EDT

J. M. Smucker (NYSE: SJM) reported Q4 EPS of $1.86, $0.66 better than the analyst estimate of $1.20. Revenue for the quarter came in at $1.81 billion versus the consensus estimate of $1.74 billion.

GUIDANCE:

J. M. Smucker sees FY2017 EPS of $7.60-$7.75, versus the... More