J.M. Smucker Company (SJM) - Get Report is expected to report net income of $189.7 million, or $1.74 a share, on sales of $1.9 billion before the market opens on Tuesday, based on a FactSet survey of 14 analysts.
In the same period a year ago, the company posted earnings of $1.78 a share on sales of $1.9 billion. It reported net income of $185.2 million.
The stock has fallen 9.1% since the company last reported earnings on June 6.
Quarterly estimates have fallen less than 1 cent a share in the past month.
In the upcoming quarter analysts are forecasting net income of $243.6 million, or $2.21 a share, on sales of $2 billion.
J.M. Smucker is currently trading at a price-to-forward-earnings ratio of 13.2 based on the 12-month estimates of 15 analysts surveyed by FactSet.
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