J. M. Smucker-Smucker (SJM) Q1 Earnings Surpass Estimates

Smucker (SJM) came out with quarterly earnings of $2.44 per share, beating the Zacks Consensus Estimate of$ 2.18 per share. This compares to earnings of $2.21 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.93%. A quarter ago, it was expected that this food maker would post earnings of$ 2.32 per share when it actually produced earnings of $2.66, delivering a surprise of 14.66%. Over the last four quarters, the company has s ...