Latest news with #SJM
Yahoo
4 days ago
- Business
- Yahoo
Unlocking Q4 Potential of Smucker (SJM): Exploring Wall Street Estimates for Key Metrics
Wall Street analysts expect Smucker (SJM) to post quarterly earnings of $2.25 per share in its upcoming report, which indicates a year-over-year decline of 15.4%. Revenues are expected to be $2.19 billion, down 0.8% from the year-ago quarter. Over the last 30 days, there has been an upward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights. Given this perspective, it's time to examine the average forecasts of specific Smucker metrics that are routinely monitored and predicted by Wall Street analysts. Based on the collective assessment of analysts, 'Net Sales- U.S. Retail Frozen Handheld and Spreads' should arrive at $462.28 million. The estimate points to a change of +2.6% from the year-ago quarter. Analysts expect 'Net Sales- U.S. Retail Coffee' to come in at $707.77 million. The estimate points to a change of +6.3% from the year-ago quarter. It is projected by analysts that the 'Net Sales- U.S. Retail Pet Foods' will reach $435.92 million. The estimate points to a change of -3.7% from the year-ago quarter. The consensus estimate for 'Net Sales- International and Away From Home' stands at $310.83 million. The estimate indicates a year-over-year change of +3.8%. The collective assessment of analysts points to an estimated 'Net Sales- Sweet Baked Snacks' of $269.23 million. The estimate indicates a year-over-year change of -20.1%. The consensus among analysts is that 'Segment Profit- U.S. Retail Coffee' will reach $177.89 million. The estimate compares to the year-ago value of $210.30 million. The average prediction of analysts places 'Segment Profit- U.S. Retail Frozen Handheld and Spreads' at $94.43 million. The estimate compares to the year-ago value of $95.80 million. Analysts forecast 'Segment Profit- International and Away From Home' to reach $62.76 million. The estimate is in contrast to the year-ago figure of $61.10 million. Analysts' assessment points toward 'Segment Profit- U.S. Retail Pet Foods' reaching $117.21 million. Compared to the current estimate, the company reported $114.10 million in the same quarter of the previous all Key Company Metrics for Smucker here>>>Shares of Smucker have demonstrated returns of -0.2% over the past month compared to the Zacks S&P 500 composite's +5.2% change. With a Zacks Rank #3 (Hold), SJM is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The J. M. Smucker Company (SJM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Business
- Yahoo
Smucker (SJM) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
Wall Street expects a year-over-year decline in earnings on lower revenues when Smucker (SJM) reports results for the quarter ended April 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on June 10. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This food maker is expected to post quarterly earnings of $2.25 per share in its upcoming report, which represents a year-over-year change of -15.4%. Revenues are expected to be $2.19 billion, down 0.8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.09% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Smucker, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.30%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination indicates that Smucker will most likely beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Smucker would post earnings of $2.37 per share when it actually produced earnings of $2.61, delivering a surprise of +10.13%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Smucker appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The J. M. Smucker Company (SJM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Indian Express
31-05-2025
- Business
- Indian Express
RSS affiliate rues surge in Chinese imports, calls for boycotting foreign goods
Swadeshi Jagaran Manch (SJM), the economic wing of the RSS, on Friday conceded that despite a call for boycott of Chinese goods in the past, imports from the country have increased. 'It is true that despite the patriotic public boycotting China and other foreign goods, imports from China have increased in the last few years,' SJM's convener Ashwani Mahajan said. The outfit blamed this trend on e-commerce platforms and foreign brands violating rules, apart from 'poor confidence' of India's business community in the country's manufacturing capabilities. Mahajan announced a nationwide campaign for promoting indigenous goods, which he sought to link with national security in the backdrop of Operation Sindoor. He said the campaign was inspired by PM Narendra Modi's call in Gandhinagar earlier this week that traders must take a pledge to not sell foreign goods. On Tuesday, Modi had made a veiled attack on imported goods by pointing out how 'small-eyed' Ganesh idols were coming from abroad. 'We must encourage village traders to pledge that no matter how much profit they make, they will not sell foreign goods,' he had said. Suggesting that this statement was in context of Chinese products, the SJM said, 'Our forceful retaliation to Pakistan's misadventure has also brought to light our friends and foes. It is a welcome decision to snap or reduce trade relations with those countries which have helped our enemy in this recent war.' India's imports from China have surged significantly in the past five years, with a cumulative trade deficit exceeding $387 billion from 2018-19 to 2023-24. India's imports from China have grown from around $70 billion in 2018-19 to over $101 billion in 2023-24, while exports have been relatively stagnant around $16 billion annually. 'The reason for this (surge) is that Chinese goods are also sold in India in a disguised manner; sometimes by removing the Chinese label and putting the Made in India label, sometimes by e-commerce companies and foreign brands violating the rule of origin and sometimes by importing from China in the form of intermediate goods,' Mahajan said.
News18
23-05-2025
- Business
- News18
'Supporting Our Enemies': RSS-Linked SJM Wants Halt In Trade With China, Turkey, Bangladesh
Last Updated: According to a senior functionary of SJM, several traders' bodies have already issued calls to boycott Chinese products and are in constant dialogue with government stakeholders. The Swadeshi Jagran Manch (SJM), the economic and traders' organisation linked to the Rastriya Swayamsevak Sangh (RSS), has reiterated that they want a complete halt on imports from China, Turkey, and Bangladesh, citing national security threats and ideological opposition. Emphasising that the central government is 'sensitised and aware" of growing concerns around strategic imports from these countries and actions are also being taken systematically, the SJM is intensifying its campaign to have a complete halt of trade with China, Turkey, and Bangladesh. Citing serious national security implications, the SJM said that the organisation will continue to represent the public opinion until all 'high-risk" foreign investments and imports are reviewed and reined in. Speaking with News18, Ashwani Mahajan, co convener of SJM said, 'Turkey has always stood with Pakistan, even during times when India was confronting terrorism, not Pakistan as a nation. We never attacked Pakistan; we attacked the terrorists' infrastructure emanating from its soil. Despite our humanitarian outreach during the recent earthquake in Turkey, they chose Pakistan. They continue to support our adversaries." Mentioning China and Bangladesh in the same block, he said, 'We should stop all imports from China and Bangladesh now as they continue to support Pakistan. We, along with other traders' bodies, are ready to petition the government to reconsider trade relations with China, Bangladesh, and Turkey. These countries have consistently aligned against India's interests," the co-convener stated. 'Our traders and our citizens do not want Chinese goods, " he added. Adding that the interim government of Bangladesh is also accused of harbouring fundamentalist forces and running a regime that lacks democratic legitimacy. 'It's unfortunate. The current Bangladesh government seems to function like a puppet. We cannot continue trade with regimes that undermine our internal security," he added. 'The public is aware, and the government seems sensitised, but we will continue our campaign until there is a complete review of trade and investment from these countries," he further stated. First Published: May 23, 2025, 10:07 IST
Yahoo
19-05-2025
- Entertainment
- Yahoo
Jason Derulo announces UK arena tour with Bournemouth date
Jason Derulo has announced a UK arena tour, including a Bournemouth date. The global superstar will perform eight shows across the UK in January and February 2026. His tour, named 'The Last Dance', opens at Glasgow's OVO Hydro on Thursday, January 29, 2026, and concludes at Manchester's Co-op Live on Saturday, February 7, 2026. Derulo will be performing at the Bournemouth International Centre on Thursday, February 5. The singer, who has sold more than 250 million singles worldwide, is known for his hits including Talk Dirty, Wiggle, Swalla and Savage Love. READ MORE: Bournemouth 7s: organisers getting ready for 2025 festival Jason Derulo to bring 'The Last Dance' tour to Bournemouth (Image: Supplied) His latest single, You DJ I'll Drive, is described as a "nostalgic, feel-good pop anthem." Derulo is excited to be performing in the UK and tickets for his tour will go on sale at 9am on Friday, May 23. They will be available from and Fans can also purchase VIP packages from Derulo, who grew up in a Haitian family in Miami, began his career quietly but has since become one of the most prolific artists of his generation. His recent viral hit Snake, featuring Nora Fatehi, has received more than 124 million views. With nearly 200 million followers across social media platforms, Derulo is also the fourth most-followed male on TikTok.
