J.M. Smucker Co (NYSE: SJM) shares are trading lower. The company reported better-than-expected financial results and raised its full-year outlook on Monday.
The CNN Money Fear and Greed index showed some easing in the overall market sentiment among US investors despite the Dow Jones recording gains on Friday.
US stocks settled mostly higher as investors digested earnings reports and recent comments from Fed officials.
All of the major indices recorded losses for the week, but are still positive for the month.
Companies Reporting Before The Bell
• Zepp Health (NYSE:ZEPP) is expected to report quarterly earnings at $0.54 per share on revenue of $186.58 million.
U.S. markets closed higher on Friday, although the momentum in the rally after soft consumer price inflation data seems to have paused. Investors and traders are now also considering the U.S.
Pulled from Benzinga Pro data, JM Smucker (NYSE:SJM) posted Q1 earnings of $109.80 million, an increase from Q4 of 45.67%. Sales dropped to $1.87 billion, a 7.91% decrease between quarters.