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SJM - J. M. Smucker Non-GAAP EPS of $1.67 beats by $0.40 revenue of $1.87B in-line
J.M. Smucker Company
J. M. Smucker press release ( NYSE: SJM ): FQ1 Non-GAAP EPS of $1.67 beats by $0.40 .
Revenue of $1.87B (+0.5% Y/Y) in-line.
For FY2023, the company raised revenue growth outlook to 4% - 5% vs. prior outlook of 3.5% - 4.5% and consensus growth of 3.62%; Adjusted EPS expectation now raised to $8.20 - $8.60 vs. prior outlook of $7.85 to $8.25 and consensus of $8.04.