J. M. Smucker Boosts FY24 Adj. EPS Outlook - Update

RTTNews | 715 일 전
J. M. Smucker Boosts FY24 Adj. EPS Outlook - Update

(RTTNews) - While reporting financial results for the first quarter on Tuesday, consumer goods company J. M. Smucker Co. (SJM) raised its adjusted earnings guidance for the full-year 2024, while maintaining annual net sales growth outlook.

For fiscal 2024, the company now projects adjusted earnings in a range of $9.45 to $9.85 per share on a net sales decline of 10.0 to 11.0 percent. On a comparable basis, net sales are expected to increase 8.5 to 9.5 percent, excluding net sales in the prior year related to the divestiture of certain pet food brands.

Previously, the company expected adjusted earnings in a range of $9.20 to $9.60 per share.

On average, 14 analysts polled by Thomson Reuters expect the company to report earnings of $9.39 per share on a sales decline of 10.10 percent to $7.67 billion for the year. Analysts' estimates typically exclude special items.

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

read more
J. M. Smucker Boosts FY23 Outlook As Q2 Results Top Estimates

J. M. Smucker Boosts FY23 Outlook As Q2 Results Top Estimates

Consumer goods company J. M. Smucker reported Monday that profit for the second quarter declined seven percent from last year, hurt by lower margins, despite high single digit sales growth. However, both adjusted earnings per share quarterly net sales topped analysts' estimates. The company also raised its financial guidance for the full-year 2023.
RTTNews | 996 일 전
Thai Stock Market May Tick Higher Again On Thursday

Thai Stock Market May Tick Higher Again On Thursday

The Thai stock market bounced higher again on Wednesday, one session after ending the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,275-point plateau and it may add to its gains from the previous session.
RTTNews | 47 분 전
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has tracked higher in four straight sessions, improving more than 400 points or 5.3 percent along the way. The Jakarta Composite Index now sits just above the 7,890-point plateau and it's expected to open higher again on Thursday.
RTTNews | 1 시간 17 분 전
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese market is trading significantly lower on Thursday, snapping the seven-session winning streak, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 42,900 level, with weakness in index heavyweights, exporters and technology stocks partially offset by gains in financial stocks.
RTTNews | 1 시간 22 분 전
Australian Market Notably Higher

Australian Market Notably Higher

The Australian market is trading notably higher on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time highs, with gains in mining, energy and financial stocks.
RTTNews | 1 시간 44 분 전
China Stock Market May Challenge 3,700-Point Level

China Stock Market May Challenge 3,700-Point Level

The China stock market has moved higher in three straight sessions, collecting almost 50 points or 1.4 percent along the way. The Shanghai Composite Index now sits just above the 3,680-point plateau and it may extend its gains again on Thursday.
RTTNews | 1 시간 48 분 전
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has moved higher in five straight sessions, rallying more than 910 points or 3.9 percent along the way. The Taiwan Stock Exchange now sits just above the 24,370-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 2 시간 18 분 전