J. M. Smucker Poised to Beat Q1 Earnings Estimates

Earnings
โดย Zacks Investment Research·US·Read original
Summary · why it matters

The J. M. Smucker Company is expected to beat earnings estimates when it reports first-quarter fiscal 2027 results on Aug. 26. The Zacks Consensus Estimate for revenues is pegged at $2.1 billion, indicating a decline of 0.4% from the year-ago reported number. The consensus mark for earnings has risen 1.4% over the past seven days to $2.21 a share, which suggests an increase of 16.3% from the figure reported in the year-ago period. SJM has a trailing four-quarter surprise of 1.5%, on average. The company expects first-quarter net sales to be roughly flat year over year, with a low-single-digit increase in net price realization offset by unfavorable volume/mix. SJM expects first-quarter adjusted earnings per share to increase in the mid-teens, primarily driven by higher adjusted gross profit in U.S. Retail Coffee and lower interest expense. The J. M. Smucker currently carries a Zacks Rank #3 and has an Earnings ESP of +1.77%, which increases the odds of an earnings beat.

Impact on stocks 4

Consumer Staples · 2 stocks
Consumer Discretionary · 2 stocks