Why J.M. Smucker’s Fiscal 1Q18 Margins Could Fall
The J.M. Smucker Company’s (SJM) fiscal 1Q18 margins are expected to fall despite the company’s cost saving measures.
Most of the analysts providing recommendations for J.M. Smucker (SJM) maintain a neutral outlook on the stock.
Wall Street analysts expect J.M. Smucker to report adjusted EPS (earnings per share) of $1.63, down 12.4% YoY (year-over-year).
Analysts covering J.M. Smucker (SJM) expect it to report sales of $1.8 billion in fiscal 1Q18.
SJM stock has fallen 4.0% on a YTD (year-to-date) basis and has underperformed the S&P 500 Index (SPX-INDEX).
The majority of analysts providing recommendations on Tyson Foods’ (TSN) stock maintain a positive outlook after the fiscal 3Q17 earnings results.
Tyson Foods’ (TSN) margins declined on a YoY (year-over-year) basis despite generating improved volumes and higher average selling prices.
Tyson Foods’ (TSN) fiscal 3Q17 sales of $9.9 billion beat the Wall Street consensus of $9.5 and rose 4.8% YoY (year-over-year), reflecting volume growth across all segments and higher pricing.
Tyson Foods (TSN) reported better-than-expected bottom-line results for fiscal 3Q17 on August 7. Tyson Foods’ adjusted EPS (earnings per share) of $1.28 exceeded analysts’ estimate.
Tyson Foods (TSN) posted strong fiscal 3Q17 results, and the company’s stock rose 5.7 %. Tyson Foods’ fiscal 3Q17 top- and bottom-line results beat analysts’ estimates.
Most of the analysts covering Kraft Heinz (KHC) stock are maintaining a positive outlook after the 2Q17 results.
Kraft Heinz’s (KHC) adjusted EBITDA rose 0.70% to $2.1 billion in 2Q17. Improvement in the United States more than offset the other segments.
Kraft Heinz’s (KHC) sales of $6.7 billion fell short of analysts’ consensus estimate, falling 1.7% YoY. Weak volumes took a toll on its top-line performance.
Kraft Heinz (KHC) posted better-than-expected 2Q17 bottom line results on August 3, 2017. Its adjusted EPS of $0.98 surpassed the Wall Street estimate.
As of August 4, 2017, The Kellogg Company (K) stock was trading at a 12-month forward PE (price-to-earnings) multiple of 17.2x.
Kellogg (K) reported better-than-expected 2Q17 results. As a result, several analysts upgraded their target price on Kellogg stock.
Kellogg (K) is banking on lowering costs and driving productivity savings to accelerate its margins growth amid a slowdown in consumption.
Kellogg’s (K) international business reported strong top-line growth, except in Europe where it continued to post sluggish sales.
Kellogg (K) continues to report sluggish sales in North America. Weak consumption trends, primarily in the US (SPY), resulted in lower volumes.
Kellogg’s (K) 2Q17 sales of 3.2 billion beat analysts’ consensus estimate. However, sales fell 2.5% YoY (year-over-year) due to the weak consumption trend.