The J. M. Smucker Company (NYSE:SJM) Q4 2024 Earnings Conference Call June 6, 2024 7:00 AM ET Company Participants Aaron Broholm - Vice President of Investor Relations Mark Smucker - President and Chief Executive Officer Tucker Marshall - Chief Financial Officer Conference Call Participants Aaron Broholm Good morning, this is Aaron Broholm, Vice President, Investor Relations for The J. M. Smucker Company. Thank you for listening to our prepared remarks on our Fiscal 2024 Fourth Quarter Earnings. After this ...

FY24 Q4 RESULTS SUPPLEMENT FISCAL 2024 FOURTH QUARTER RESULTS EXECUTIVE SUMMARY • Net income per diluted share was $2.30 Adjusted earnings per share was $2.66, an increase of 1% • Provided full-year fiscal 2025 financial outlook FY24 Q4 RESULTS SUPPLEMENT | --- | --- | --- | --- | |------------------------------------------|----------|----------|------------| | ($ in millions, except per share data) | FY24 Q4 | FY23 Q4 | YoY Change | | Net Sales | $2,205.7 | $2,234.8 | (1%) | | Adjusted Gross Profit | $888. ...

The J.M. Smucker Co. Announces Fiscal Year 2024 Fourth Quarter Results ORRVILLE, Ohio, June 6, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced results for the fourth quarter of its fiscal year ending April 30, 2024. Financial results for the fourth quarter and fiscal year reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, divestiture of the Sahale Snacks business on November 1, 2023, a ...

The J. M. Smucker Company (SJM) is likely to register top-line growth when it reports fourth-quarter fiscal 2024 earnings on Jun 6. The Zacks Consensus Estimate for revenues is pegged at $2.25 billion, which suggests an increase of 0.5% from the prior-year quarter's reported figure. The consensus mark for quarterly earnings has decreased by 1 cent in the past 30 days to $2.32 per share. This indicates a decline of 12.1% from the year-ago quarter's reported figure. SJM has a trailing four-quarter earnings su ...

In its upcoming report, Smucker (SJM) is predicted by Wall Street analysts to post quarterly earnings of $2.32 per share, reflecting a decline of 12.1% compared to the same period last year. Revenues are forecasted to be $2.25 billion, representing a year-over-year increase of 0.5%. Over the last 30 days, there has been a downward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial for ...

This food maker is expected to post quarterly earnings of $2.32 per share in its upcoming report, which represents a year-over-year change of -12.1%. Revenues are expected to be $2.25 billion, up 0.5% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Smucker, the consensus EPS estimate for ...

The market expects Smucker (SJM) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Ju ...

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Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Smucker (SJM) , which belongs to the Zacks Food - Miscellaneous industry. This food maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 7.05%. For the most recent quarter, Smucker was expected to post earnings of $2.27 per share, ...

The J. M. Smucker Company (SJM) is well-positioned to sustain its growth trajectory. The company's diverse brand portfolio, effective pricing strategies and operational efficiencies have been working well. Sustained demand across brands and categories also keeps this food and beverage product company in good shape. Core Strategies Aid For fiscal 2024, the company anticipates comparable net sales to rise 8.75% on elevated net pricing and a favorable volume/mix. Fourth-quarter comparable sales are expected to ...