The J. M. Smucker Company (NYSE: SJM) is likely to register top-line growth when it reports first-quarter fiscal 2025 earnings on Aug 28. The Zacks Consensus Estimate for revenues is pegged at $2.1 billion, which indicates an increase of 18.2% from the prior-year quarter's reported figure.
However, the bottom line is likely to decline 1.4% year over year in the fiscal first quarter. The consensus mark for quarterly earnings has moved down by a penny in the past 30 days to $2.18 per share. SJM has a trailing four-quarter earnings surprise of 8.9%, on average.
Things to Note
The J. M. Smucker has been reaping benefits from robust business momentum, marked by strong demand for its leading brands. The company's focus on strategic priorities is a major growth driver. These include focusing on growing volume and net sales, operating with excellence and prioritizing resources to capitalize on the fastest growth opportunities.
Additionally, The J. M. Smucker's transformed portfolio, enhanced by the acquisition of Hostess Brands, is significantly contributing to its growth. The company's superior execution and disciplined cost management are vital to its success. For the first quarter of fiscal 2025, management expects net sales growth in the high-teens rate, driven by Hostess Brands and volume/mix growth.
The J. M. Smucker Company Price and EPS Surprise
