Smucker (SJM) Beats Q2 Earnings and Revenue Estimates

Smucker (SJM) came out with quarterly earnings of $2.76 per share, beating the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $2.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.96%. A quarter ago, it was expected that this food maker would post earnings of $2.18 per share when it actually produced earnings of $2.44, delivering a surprise of 11.93%.Over the last four quarters, the company has sur ...