Investing.com - JM Smucker reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
JM Smucker announced earnings per share of $2.40 on revenue of $2.21B. Analysts polled by Investing.com anticipated EPS of $2.18 on revenue of $2.17B.
JM Smucker shares are up 7% from the beginning of the year and are trading at $146.14 , down-from-52-week-high.
JM Smucker follows other major Consumer Staples sector earnings this month
JM Smucker's report follows an earnings beat by Walmart on Tuesday, November 15, 2022, who reported EPS of $1.5 on revenue of $152.8B, compared to forecasts EPS of $1.32 on revenue of $147.55B.
Coca-Cola had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $0.69 on revenue of $11.06B, compared to forecast for EPS of $0.6369 on revenue of $10.52B.
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