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What J.M. Smucker Company's Earnings Mean for Mutual Fund Investors (SJM)

The J.M. Smucker Company
The J.M. Smucker Company released its second quarter financial results before the opening bell on Wednesday, posting lower results, which fell short of expectations.

Inside J.M. Smucker’s Q2 Results

Earnings

The company reported earnings of $155.4 million, or $1.53 per share, compared to $160.5 million, or $1.53 per share, in the year prior. On average, analysts expected to see earnings of $1.56 per share.

Revenue
Revenue for the quarter totaled $1.48 billion, down from $1.56 billion last year. Analysts expected to see revenue of $1.54 billion.

Outlook
Looking ahead to FY2015, the company has maintained its outlook of earnings between $5.45 and $5.65 per share.

Mutual Funds to Watch

The Bottom Line

Although the funds mentioned have only a small stake in The J.M Smucker Company, it is still important for investors to be aware of major news events like earnings reports, as they can have an effect on mutual fund performance.

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Why 30 trillion is invested in mutual funds book

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Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

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Find out why $30 trillon is invested in mutual funds.


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The J.M. Smucker Company

What J.M. Smucker Company's Earnings Mean for Mutual Fund Investors (SJM)

The J.M. Smucker Company released its second quarter financial results before the opening bell on Wednesday, posting lower results, which fell short of expectations.

Inside J.M. Smucker’s Q2 Results

Earnings

The company reported earnings of $155.4 million, or $1.53 per share, compared to $160.5 million, or $1.53 per share, in the year prior. On average, analysts expected to see earnings of $1.56 per share.

Revenue
Revenue for the quarter totaled $1.48 billion, down from $1.56 billion last year. Analysts expected to see revenue of $1.54 billion.

Outlook
Looking ahead to FY2015, the company has maintained its outlook of earnings between $5.45 and $5.65 per share.

Mutual Funds to Watch

The Bottom Line

Although the funds mentioned have only a small stake in The J.M Smucker Company, it is still important for investors to be aware of major news events like earnings reports, as they can have an effect on mutual fund performance.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next