Earnings Preview: JM Smucker
Portfolio Pulse from Benzinga Insights
JM Smucker (NYSE:SJM) is set to release its latest quarterly earnings report on Tuesday, 2023-08-29. Analysts estimate an earnings per share (EPS) of $2.04. Last quarter, the company beat EPS by $0.27, resulting in a 1.5% increase in the share price the next day. Shares of JM Smucker were trading at $142.1 as of August 25, with a 1.71% increase over the last 52-week period.
August 28, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JM Smucker is expected to report an EPS of $2.04 in its upcoming earnings report. The company's previous EPS beat led to a 1.5% increase in share price. The stock is currently trading at $142.1, up 1.71% over the last 52 weeks.
The upcoming earnings report is a significant event for any company. Given that JM Smucker beat its EPS estimate last quarter, which led to a 1.5% increase in its share price, a similar outcome this quarter could potentially lead to a positive impact on the stock. The stock's positive performance over the last 52 weeks also indicates a generally positive sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100