The J. M. Smucker Company (NYSE:SJM ) Q4 2024 Results Conference Call June 6, 2024 9:00 AM ET Company Participants Aaron Broholm - Vice President, Investor Relations Mark Smucker - Chair of the Board, President and Chief Executive Officer Tucker Marshall - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Peter Galbo - Bank of America Chris Carey - Wells Fargo Securities Robert Moskow - TD Cowen Matt Smith - Stifel Tom Palmer - Citi Rob Dickerson - Jefferies Max Gumport - BNP Paribas Operator Good morning, and welcome to The J.M. Smucker Company's Fiscal 2024 Fourth Quarter Earnings Question-and-Answer session.
While the top- and bottom-line numbers for Smucker (SJM) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Smucker (SJM) came out with quarterly earnings of $2.66 per share, beating the Zacks Consensus Estimate of $2.32 per share. This compares to earnings of $2.64 per share a year ago.
The J. M. Smucker Company (NYSE:SJM ) Q4 2024 Earnings Conference Call June 6, 2024 7:00 AM ET Company Participants Aaron Broholm - Vice President of Investor Relations Mark Smucker - President and Chief Executive Officer Tucker Marshall - Chief Financial Officer Conference Call Participants Aaron Broholm Good morning, this is Aaron Broholm, Vice President, Investor Relations for The J. M. Smucker Company.
Jif peanut butter maker JM Smucker topped Wall Street estimates for fourth-quarter profit on Thursday, helped by higher prices of condiments and frozen food as well as lower input costs, sending its shares up 2% before the bell.
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.