Thursday, June 9, 2016

J. M. Smucker Issues FY17 Guidance; Q4 Adj. Sales Up 5% - Quick Facts

J. M. Smucker Company (SJM) announced the company expects fiscal 2017 adjusted non-GAAP income per share to range from $7.60 to $7.75. Amortization expense of $208 million, or $1.18 per share, is excluded from earnings guidance. Analysts polled by Thomson Reuters expect the company to report profit per share of $6.37. Analysts' estimates typically exclude special items.

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