Stay updated with the movements of the S&P500 index one hour before the close of the markets on Tuesday. Discover which stocks are leading as top gainers and losers in today's session.
Shares of packaged foods company J.M Smucker (NYSE:SJM)
fell 14.3% in the afternoon session after the company reported underwhelming first-quarter 2025 results: its full-year EPS guidance missed, and its revenue fell short of Wall Street's estimates. The weak top line reflected soft demand for dog snacks, sweet baked goods, fruit spreads and lower contract manufacturing sales related to the divested pet food brands.
U.S. stocks ticked up on Tuesday, with investors closely watching for potential progress in ongoing U.S.-China trade negotiations taking place in London.
Stay updated with the movements of the S&P500 index in the middle of the day on Tuesday. Discover which stocks are leading as top gainers and losers in today's session.
J.M. Smucker's shares plummeted over 11% after its Q4 sales missed estimates and its FY26 adjusted EPS outlook of $8.50-$9.50 significantly disappointed analysts' $10.26 consensus, despite a slight Q4 adjusted EPS beat.
Packaged foods company J.M Smucker (NYSE:SJM) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 2.8% year on year to $2.14 billion. Its non-GAAP profit of $2.31 per share was 2.8% above analysts’ consensus estimates.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
