07:34 AM EDT, 06/06/2024 (MT Newswires) -- J.M. Smucker (SJM) reported fiscal Q4 adjusted earnings Thursday of $2.66 per diluted share, compared with $2.64 a year earlier.

Analysts polled by Capital IQ expected $2.33.

Net sales for the quarter ended April 30 were $2.21 billion, compared with $2.23 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.24 billion.

For fiscal year 2025, the company said it expects adjusted EPS of $9.80 to $10.20 and net sales growth of 9.5% to 10.5%. Analysts polled by Capital IQ expect normalized EPS of $10.18 and revenue of $9.03 billion.

Shares of the company were up nearly 2% in Thursday premarket activity.

Price: 112.50, Change: +2.17, Percent Change: +1.97