J.M Smucker (NYSE:SJM) will report earnings before market open on Wednesday. Last quarter, the company missed revenue expectations by 1.9%, with revenues down 2.8% year on year. This quarter, analysts expect revenue to be flat at $2.12 billion, with adjusted earnings of $1.93 per share. Analysts have revised revenue estimates upward, but J.M Smucker has a history of missing Wall Street’s revenue estimates. Peers like Hershey and J&J Snack Foods have already reported Q2 results, providing insight into potential outcomes. Investors in the shelf-stable food segment have seen steady price increases. J.M Smucker is up 4.3% over the last month with an average analyst price target of $116.

Read more at Stockstory.org – CNBC: J. M. Smucker (SJM) Q2 Earnings Report Preview: What To Look For