J.M. Smucker stock rises on Q4 earnings beat

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J.M. Smucker Company Notícia

Julie Hyman,Earnings Report,Gross Margins

Shares of J.M. Smucker Company (SJM) are rising after earnings exceeded analysts' expectations. D.A. Davidson analysts rated the stock Neutral, claiming the ...

) are rising after earnings exceeded analysts' expectations. D.A. Davidson analysts rated the stock Neutral, claiming the company's fourth quarter results were"better than feared" and pointing to stronger than forecast gross margins.First up JM Smucker, the company reporting earnings that came in way above analysts expectations, the shares up by some 4%.

And then D A Davidson rates the stock and the stock in neutral saying fourth quarter results were, here's another one better than feared benefiting from stronger than forecast gross margin, offsetting the sales me still quote, given where sentiment and valuation stood ahead of the low.The stock should be up this morning and just taking a quick look at the Wi Fi Interactive, uh, been kind of a rough year for staples overall.

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