J.M. Smucker (NYSE: SJM ) is expected to report Q1 earnings on Aug. 17. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict J.M. Smucker's revenues will grow 9.3% and EPS will wane -11.6%.
The average estimate for revenue is $1.30 billion. On the bottom line, the average EPS estimate is $0.99.
Last quarter, J.M. Smucker booked revenue of $1.36 billion. GAAP reported sales were 14% higher than the prior-year quarter's $1.19 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.10. GAAP EPS of $0.93 for Q4 were 15% higher than the prior-year quarter's $0.81 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 33.7%, 310 basis points worse than the prior-year quarter. Operating margin was 16.4%, 50 basis points worse than the prior-year quarter. Net margin was 7.7%, 30 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $5.88 billion. The average EPS estimate is $5.10.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 457 members out of 481 rating the stock outperform, and 24 members rating it underperform. Among 151 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 141 give J.M. Smucker a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on J.M. Smucker is outperform, with an average price target of $82.58.
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