The J. M. Smucker Company (NYSE:SJM) is expected to report second quarter earnings results, before market open, on Tuesday 24th November 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 2.23 per share.
Looking ahead, the full year income are expected at $ 8.67 per share on the revenues of $ 7879.25 million.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 7,801.00 million ~ $ 7,879.00 million, where as bottomline are predicted in a range of $ 8.20 ~ $ 8.60 per share
Click Here For More Historical Outlooks Of The J. M. Smucker Company
Previous Quarter Performance
The J. M. Smucker Company unveiled income for the first quarter of $ 2.37 per share, from the revenue of $ 1,972.00 million. The quarterly earnings increased 50.00 percent while revenues grew 10.86 percent compared with the same quarter last year.
Wall street analysts are predicting, SJM to report 1Q21 income of $ 1.67 per share from revenue of $ 1814.27 million. The bottom line results beat street analysts by $ 0.7 or 41.92 percent, at the same time, top line results outshined analysts by $ 157.73 million or 8.69 percent.
Stock Performance
Shares of The J. M. Smucker Company traded low $ -0.18 or -0.15 percent on Monday, reaching $ 116.05 with volume of 983.60 thousand shares. The J. M. Smucker Company has traded high as $ 117.61 and has cracked $ 115.80 on the downward trend
According to the previous trading day, closing price of $ 116.05, representing a 26.50 % increase from the 52 week low of $ 91.88 and a 7.47 % decrease over the 52 week high of $ 125.62.
The company has a market capital of $ 13.24 billion and is part of the Consumer Defensive sector and Packaged Foods industry.
Conference Call
The J. M. Smucker Company will be hosting a conference call at 8:30 AM eastern time on 24th November 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.jmsmucker.com
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide.
