J. M. Smucker (SJM) reported Q1 EPS of $1.67, $0.40 better than the analyst estimate of $1.27. Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $1.87 billion.
GUIDANCE:
J. M. Smucker sees FY2023 EPS of $8.20-$8.60, versus prior of $7.85-$8.25. Sees sales up 4-5% versus prior of 3.5-4.5%.