06.06.2024 13:22:34 - dpa-AFX: J.M. Smucker Co. Issues FY25 Outlook

WASHINGTON (dpa-AFX) - The J.M. Smucker Co. (SJM) said, for fiscal 2025, the
company expects adjusted earnings per share to range from $9.80 to $10.20. Net
sales are expected to increase 9.5 to 10.5 percent. Comparable net sales are
expected to increase approximately 1.5 to 2.5 percent. Analysts polled by
Thomson Reuters expect the company to report profit per share of $10.18.
Analysts' estimates typically exclude special items.

Fourth quarter net income was $245.1 million compared to a loss of $600.7
million, last year. Net income per common share was $2.30 compared to a loss of
$5.69. Adjusted earnings per share increased to $2.66 from $2.64. On average, 15
analysts polled by Thomson Reuters expected the company to report profit per
share of $2.33, for the quarter.

Fourth quarter net sales were $2.2 billion, a decrease of 1 percent from last
year. Net sales excluding the acquisition, divestitures, and foreign currency
exchange increased 3 percent. Analysts on average had estimated $2.24 billion in
revenue.

For more earnings news, earnings calendar, and earnings for stocks, visit
rttnews.com.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
SMUCKER -J.M.- 633835 Frankfurt 100,950 28.06.24 09:10:10 +1,170 +1,17% 100,600 102,550 100,950 99,780

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH