JM Smucker Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Group 1 - The J. M. Smucker Company is set to release its fourth-quarter earnings results on June 10, with expected earnings of $2.25 per share, a decrease from $2.66 per share in the same period last year [1] - The company is projected to report quarterly revenue of $2.19 billion, slightly down from $2.21 billion a year earlier [1] - John Brase has been appointed as President and COO of J. M. Smucker as of April 30 [1] Group 2 - J. M. Smucker shares increased by 0.5%, trading at $111.45 on the previous Monday [2] - Analysts have provided various ratings for the company, with Morgan Stanley maintaining an Overweight rating and raising the price target from $123 to $124 [7] - Stifel has a Hold rating with a reduced price target from $125 to $120, while TD Cowen downgraded the stock from Buy to Hold and cut the price target from $130 to $121 [7]