J.M. Smucker is scheduled to report first-quarter fiscal 2027 earnings before the market open on August 26, with analysts projecting earnings of $2.21 per share and revenue of $2.12 billion.
The projected earnings represent a 16% year-over-year increase, while revenue is expected to rise less than 1%. The company’s prior quarter delivered a 4.5% earnings beat and nearly 2% revenue upside, though seasonality typically weighs on sequential results, which fell from $2.77 per share and $2.3 billion in the preceding period.
Over the past 60 days, consensus estimates have edged higher by 0.6% for earnings and 0.5% for revenue. Analysts maintain a Buy rating on the stock, with a mean price target of $127.69 implying 1.4% upside from the current $125.87 share price. Of the 19 analysts covering the stock, 10 recommend buying and nine rate it a Hold. Recent target increases include UBS raising its forecast to $142, JPMorgan to $139, and TD Cowen to $123.
TD Cowen highlighted Smucker’s coffee segment as a key driver, citing Nielsen data showing a 4.3% rise in first-quarter retail coffee sales, ahead of initial guidance for flat performance. The firm attributed the outperformance to sustained pricing power in Folgers, which has implemented multiple price increases since June 2024 amid elevated green coffee costs and tariffs. TD Cowen also noted that Smucker’s coffee segment pricing remains "sticky," suggesting another potential earnings and revenue beat is likely.
