J. M. Smucker (SJM) Down 15% in 6 Months: How to Play Ahead?
J. M. Smucker(SJM) ZACKS·2024-07-09 16:16
Over the past 60 days, the Zacks Consensus estimate for the current fiscal year has declined 1.5% to $10.03 per share. This downward revision in earnings estimates suggests that analysts have lowered their expectations for the company's financial performance. The J. M. Smucker has been experiencing elevated selling, distribution, and administrative (SD&A) costs. These costs are expected to increase by approximately 13% in fiscal 2025. This uptick is primarily driven by higher investments in the Uncrustables ...