J.M. Smucker Co. (SJM) reported first quarter adjusted EPS of $1.32 Thursday morning, compared to $1.34 last year. Analysts expected EPS of $1.23. Full year adjusted EPS is expected to be between $5.65 and $5.80. The consensus estimate is for EPS of $5.73.
J.M. Smucker has gapped open sharply higher this morning and is now up 5.09 at $114.24. The stock has climbed to a 2-month high.
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