JM Smucker Q4 Adj. EPS $2.64 Beats $2.37 Estimate, Sales $2.23B Beat $2.17B Estimate
Portfolio Pulse from Benzinga Newsdesk
JM Smucker reported Q4 adjusted EPS of $2.64, beating estimates of $2.37, and sales of $2.23B, surpassing the $2.17B estimate. This represents an 18.39% increase in earnings and a 9.84% increase in sales compared to the same period last year.
June 06, 2023 | 11:01 am
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JM Smucker's Q4 earnings and sales beat estimates, with an 18.39% increase in earnings and a 9.84% increase in sales YoY.
JM Smucker's Q4 results exceeded analyst expectations, with both earnings and sales showing significant YoY growth. This positive news is likely to have a short-term positive impact on the stock price, as investors may view the company's performance as a sign of strength and growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100