Smucker (SJM) Q2 Earnings Lag Estimates

Smucker (SJM) came out with quarterly earnings of $2.1 per share, missing the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $2.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.94%. A quarter ago, it was expected that this food maker would post earnings of $1.95 per share when it actually produced earnings of $1.9, delivering a surprise of -2.56%.Over the last four quarters, the company has surp ...