J. M. Smucker (NYSE: SJM) reported earnings on Nov. 16. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Oct. 31 (Q2), J. M. Smucker met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP earnings per share grew significantly.

Gross margins dropped, operating margins shrank, net margins expanded.

Revenue details
J. M. Smucker tallied revenue of $1.63 billion. The 13 analysts polled by S&P Capital IQ predicted revenue of $1.63 billion on the same basis. GAAP reported sales were 7.6% higher than the prior-year quarter's $1.51 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.45. The 15 earnings estimates compiled by S&P Capital IQ predicted $1.45 per share. GAAP EPS of $1.36 for Q2 were 21% higher than the prior-year quarter's $1.12 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 33.4%, 40 basis points worse than the prior-year quarter. Operating margin was 16.1%, 60 basis points worse than the prior-year quarter. Net margin was 9.1%, 70 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.57 billion. On the bottom line, the average EPS estimate is $1.39.

Next year's average estimate for revenue is $5.95 billion. The average EPS estimate is $5.18.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 461 members out of 484 rating the stock outperform, and 23 members rating it underperform. Among 171 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 162 give J. M. Smucker a green thumbs-up, and nine 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 $86.92.

Can your portfolio provide you with enough income to last through retirement? You'll need more than J. M. Smucker. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.