ORRVILLE, Ohio – J.M. Smucker Co. (SJM) has reported a fiscal first-quarter profit of $185 million, with earnings per share at $1.74. Adjusted earnings were $2.44 per share, beating Wall Street expectations. The company’s revenue for the period was $2.13 billion, in line with forecasts. Smucker forecasts full-year earnings to be between $9.60 and $10 per share. This information comes from a report by Automated Insights using data from Zacks Investment Research. For more details, visit https://www.zacks.com/ap/SJM.
Source
Photo credit wtop.com