J.M. Smucker Co. (SJM) reported first quarter adjusted EPS of $1.17 Friday morning, up from $1.12 in the previous year. The consensus estimate was for EPS of $1.00. Full year 2013 EPS is expected to be between $5.00 and $5.10, compared to the consensus estimate of $5.10.
J.M. Smucker gapped up and rose sharply in early trade Friday, but settled into a range for the majority of the day. The stock closed up by 3.99 at $82.96, with volume at a 6-month high. J.M. Smucker broke out past resistance and set a new high for the year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.