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Gear Up for Smucker (SJM) Q4 Earnings: Wall Street Estimates for Key Metrics
SJMJ. M. Smucker(SJM) ZACKS·2024-06-03 14:15

Core Viewpoint - Smucker (SJM) is expected to report a quarterly earnings per share (EPS) of $2.32, reflecting a 12.1% decline year-over-year, while revenues are forecasted to increase by 0.5% to $2.25 billion [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been revised downward by 0.6%, indicating a collective reassessment by analysts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between these revisions and short-term stock price performance [3]. Key Metrics Projections - Analysts estimate 'Net Sales- U.S. Retail Coffee' at $671.04 million, a year-over-year decline of 3.1% [5]. - 'Net Sales- U.S. Retail Pet Foods' is projected to be $493.83 million, reflecting a significant year-over-year decrease of 37.1% [5]. - 'Net Sales- International and Away From Home' is expected to reach $301.09 million, indicating a slight decline of 0.8% from the previous year [5]. - 'Net Sales- U.S. Retail Consumer Foods' is estimated at $450.15 million, showing a year-over-year change of -0.7% [6]. Segment Profit Estimates - 'Segment Profit- U.S. Retail Coffee' is projected at $195.96 million, down from $200.10 million in the same quarter last year [6]. - 'Segment Profit- U.S. Retail Pet Foods' is expected to be $121.96 million, compared to $145.50 million a year ago [7]. - 'Segment Profit- International and Away From Home' is estimated at $49.44 million, slightly up from $47.60 million reported in the same quarter last year [7]. - 'Segment Profit- U.S. Retail Consumer Foods' is projected to be $90.74 million, down from $103.40 million in the same quarter last year [8]. Stock Performance - Shares of Smucker have decreased by 1.3% over the past month, contrasting with a 5.1% increase in the Zacks S&P 500 composite [8].