Shares of J.M. Smucker Co. SJM, -1.23% gained 2% in premarket trading Thursday, after the company with food brands including Folgers, Dunkin', Smuckers and Meow Mix, beat fiscal fourth-quarter profit expectations, as the recent acquisition of Hostess Brands has helped boost results.
The J.M. Smucker's (SJM) Q4 results are likely to reflect gains from pricing and sustained demand, alongside bearing the impacts of recent divestitures and high marketing costs.
Get a deeper insight into the potential performance of Smucker (SJM) for the quarter ended April 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Smucker (SJM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Smucker (SJM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Smucker (SJM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The J.M. Smucker's (SJM) diverse brand portfolio, effective pricing strategies and operational efficiencies have been working well.