Friday, November 18, 2016

J. M. Smucker Co. (SJM) Tumbled After Q2 Revenues Fell Short

J. M. Smucker Co. (SJM) reported second quarter adjusted EPS of $2.05 Thursday morning, up from $1.91 in the previous year. Net sales decreased 8 percent to $1.91 billion from $2.08 billion a year ago. The consensus estimates were for EPS of $1.93 and revenues of $2 billion.

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