The J. M. Smucker Company, valued at $11.2 billion, is set to announce its fiscal second-quarter earnings. Analysts predict a profit of $1.78 per share, down 23.6% from the previous year. Full-year EPS is expected to decrease to $9.13 but rise to $10 in 2027.

SJM stock has underperformed the S&P 500 and Consumer Staples Select Sector SPDR Fund. After reporting Q1 results, shares closed down over 4%, with adjusted EPS of $1.90 missing expectations. Revenue was also below forecasts. Full-year adjusted EPS is estimated to be between $8.50 to $9.50.

Analysts view SJM stock moderately bullish, with a “Moderate Buy” rating. Out of 18 analysts, five suggest a “Strong Buy,” three advise a “Moderate Buy,” and 10 recommend a “Hold.” The average price target is $119.19, indicating a potential 13.8% upside.

Read more at Yahoo Finance: J. M. Smucker Earnings Preview: What to Expect