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The J. M. Smucker Company Q4 adjusted earnings Beat Estimates

The J. M. Smucker Company (SJM) announced earnings for its fourth quarter that advanced from the same period last year.

The company's bottom line came in at $226.3 million, or $1.98 per share. This compares with $71.5 million, or $0.63 per share, in last year's fourth quarter.

Excluding items, The J. M. Smucker Company reported adjusted earnings of $293.4 million or $2.57 per share for the period.

Analysts had expected the company to earn $2.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.0% to $2.09 billion from $1.90 billion last year.

The J. M. Smucker Company earnings at a glance:

-Earnings (Q4): $293.4 Mln. vs. $237.1 Mln. last year.
-EPS (Q4): $2.57 vs. $2.08 last year.
-Analysts Estimate: $2.29
-Revenue (Q4): $2.09 Bln vs. $1.90 Bln last year.

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