Yahoo Finance J. M. Smucker Full Year 2024 Earnings: EPS Beats Expectations
J. M. Smucker (NYSE:SJM) Full Year 2024 Results
Key Financial Results
Revenue: US$8.18b (down 4.1% from FY 2023).
Net income: US$744.0m (up from US$91.2m loss in FY 2023).
Profit margin: 9.1% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
EPS: US$7.15 (up from US$0.86 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
J. M. Smucker EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.6%.
Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Food industry in the US.
Performance of the American Food industry.
The company's shares are up 3.0% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for J. M. Smucker that you need to take into consideration.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
