J.M. Smucker's Q3 Results: Mixed Performance Amidst Economic Uncertainty

J. M. Smuckers Q3 earnings report is due this Tuesday, with investors eagerly awaiting results after a mixed Q2 performance. Analysts project a 2.2% year-over-year revenue growth to $2.32 billion and adjusted earnings of $2.10 per share. Despite consistent estimates, J. M. Smucker has missed revenue predictions six times in the last two years, adding anticipation to this report. The broader food sector has seen share prices drop by nearly 5% over the last month, but J. M. Smuckers stock has remained unchanged.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.