J. M. Smucker (SJM) Tops Q1 EPS by 40c; Lifts Guidance
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J. M. Smucker (SJM) Tops Earnings Estimates Despite Jiff Recall
August 23, 2022 10:33 AM EDTJ. M. Smucker (NYSE: SJM) gained at the start of Tuesday's session after the company posted earnings for its fiscal first quarter, topping earnings expectations.
The manufacturer of food products posted Q1 earnings per share of $1.67, $0.40 better than the analyst estimate of $1.27, while revenue came in at $1.87 billion versus the consensus estimate of $1.87 billion.
The company said it has worked well... More
