These Analysts Boost Their Forecasts On JM Smucker Following Q4 Earnings

The J.M. Smucker Co . (NYSE: SJM ) reported upbeat fiscal fourth-quarter 2026 results on Tuesday . Adjusted earnings came in at $2.77 per share, ahead of analysts' estimates of $2.64 per share. Net sales increased 6% year over year to $2.268 billion, slightly above the consensus estimate of $2.260 billion. J.M. Smucker expects fiscal 2027 adjusted earnings of $9.75 to $10.25 per share, compared with analysts' estimates of $9.79 per share. The company forecast full-year sales of $8.689 billion to $8.779 billion, below the Wall Street consensus estimate of $9.107 billion. Management expects net sales to decline 3% to 4% in fiscal 2027, citing lower pricing benefits and weaker volume ... Full story available on Benzinga.com