Morgan Stanley Maintains Underweight on JM Smucker, Lowers Price Target to $117
Morgan Stanley analyst Pamela Kaufman maintains JM Smucker (NYSE:SJM) with a Underweight and lowers the price target from $126 to $117.
Credit Suisse Maintains Neutral on JM Smucker, Lowers Price Target to $125
Credit Suisse analyst Robert Moskow maintains JM Smucker (NYSE:SJM) with a Neutral and lowers the price target from $130 to $125.
J M Smucker Stock Falls After Slashing FY22 EPS Outlook
J M Smucker Co (NYSE:SJM) reported a first-quarter FY22 sales decline of 6% year-on-year, to $1.86 billion, beating the analyst consensus…
Thursday’s Market Minute: To Taper Or Not To Taper; That Is The Question!
For the rest of the week, the focus for investors and traders will be squarely on the Fed at the Jackson Hole Symposium as we await comments from chair Jerome Powell on Friday. Market participants are looking for further insight as to the Fed’s position on when they expect to begin tapering the $120B in monthly asset purchases currently in place.
Recap: JM Smucker Q1 Earnings
Shares of JM Smucker (NYSE:SJM) were unchanged after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 19.83% over the past year to $1.90, which beat the estimate of $1.84.
JM Smucker Q1 EPS $1.90 Beats $1.84 Estimate, Sales $1.86B Beat $1.77B Estimate
JM Smucker (NYSE:SJM) reported quarterly earnings of $1.90 per share which beat the analyst consensus estimate of $1.84 by 3.26 percent. This is a 19.83 percent decrease over earnings of $2.37 per share from the same
Earnings Scheduled For August 26, 2021
Companies Reporting Before The Bell
• Gambling.com Gr (NASDAQ:GAMB) is likely to report quarterly earnings at $0.07 per share on revenue of $10.38 million.
Earnings Preview: JM Smucker
JM Smucker (NYSE:SJM) announces its next round of earnings this Thursday, August 26. Here is Benzinga's everything-that-matters guide for this Thursday's Q1 earnings announcement.
J M Smucker Hikes Dividend By 10%
J M Smucker Co (NYSE: SJM) said its Board of Directors approved a 10% hike in the quarterly dividend from $0.90 to $0.99 per common share.