J.M. Smucker reports Q3 adjusted EPS $2.61, consensus $2.37

Reports Q3 revenue $2.186B, consensus $2.23B. “Our third quarter performance reflects the continued execution of our strategy and ability to deliver positive results in a dynamic operating and consumer environment,” said Mark Smucker, Chair of the Board, President and Chief Executive Officer. “Net sales for the quarter would have been above our expectations, however, we experienced certain supply chain disruptions that negatively impacted results. Disciplined cost management and execution enabled us to deliver adjusted earnings per share that exceeded our expectations.”