Categories AlphaGraphs, Consumer, Earnings
SJM Earnings: Key quarterly highlights from J.M. Smucker’s Q3 2024 financial results
The J.M. Smucker Co. (NYSE: SJM) reported third quarter 2024 earnings results today.
Net sales increased 1% year-over-year to $2.23 billion. Comparable sales increased 6%.
Net income decreased 42% to $120.4 million, or $1.13 per share, compared to last year. Adjusted EPS increased 12% to $2.48.
Revenue and earnings beat expectations, sending the stock rising over 4% in premarket hours on Tuesday.
For the full year of 2024, the company expects comparable sales to increase 8.75% versus last year. Adjusted EPS is expected to be $9.45-9.65.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
