The J.M. Smucker Co. Announces Fiscal 2022 First Quarter Results

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J. M. Smucker (SJM) Tops Q1 EPS by 6c, Trims FY Guidance

August 26, 2021 7:03 AM EDT

J. M. Smucker (NYSE: SJM) reported Q1 EPS of $1.90, $0.06 better than the analyst estimate of $1.84. Revenue for the quarter came in at $1.86 billion versus the consensus estimate of $1.77 billion.

GUIDANCE:

J. M. Smucker sees FY2021 EPS of $8.25-$8.65, versus the consensus of $8.84.

The Company updated its full-year fiscal 2022 guidance as summarized... More