Smucker (SJM) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Smucker (SJM) reported $2.27 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 17.2%. EPS of $2.76 for the same period compares to $2.59 a year ago.The reported revenue represents a surprise of +0.19% over the Zacks Consensus Estimate of $2.27 billion. With the consensus EPS estimate being $2.51, the EPS surprise was +9.96%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Smucker performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- U.S. Retail Frozen Handheld and Spreads: $485.20 million versus $487.38 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +4.5% change. Net Sales- U.S. Retail Coffee: $704 million versus $694.99 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.7% change. Net Sales- U.S. Retail Pet Foods: $445.40 million compared to the $431.19 million average estimate based on three analysts. The reported number represents a change of -4% year over year. Net Sales- International and Away From Home: $321.10 million compared to the $317.89 million average estimate based on three analysts. The reported number represents a change of -1.1% year over year. Net Sales- Sweet Baked Snacks: $315.50 million compared to the $330.44 million average estimate based on two analysts. Segment Profit- Sweet Baked Snacks: $70.60 million versus the two-analyst average estimate of $72.04 million. Segment Profit- U.S. Retail Coffee: $202.70 million compared to the $174.77 million average estimate based on two analysts. Corporate administrative expenses: -$88.20 million versus -$90 million estimated by two analysts on average. Segment Profit- U.S. Retail Frozen Handheld and Spreads: $116.10 million versus $114.24 million estimated by two analysts on average. Segment Profit- International and Away From Home: $68 million versus $64.74 million estimated by two analysts on average. Segment Profit- U.S. Retail Pet Foods: $121.40 million versus $110.88 million estimated by two analysts on average. View all Key Company Metrics for Smucker here>>>Shares of Smucker have returned -1.6% over the past month versus the Zacks S&P 500 composite's +3.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The J. M. Smucker Company (SJM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks