The J.M. Smucker Company (SJM) is scheduled to release its FQ4’18 earnings on Thursday, June 7th before the market opens. The Estimize community projects an EPS consensus of $2.26 which is more bullish than Wall Street’s estimate of $2.20. Estimize predicts a year over year EPS growth rate of 22%, and a year over year revenue growth rate of 2%.  In terms of revenue for the upcoming quarter, Estimize anticipates $1.822B which is greater than Wall Street’s projected revenue of $1.809B.

Smucker’s has been successful in their efforts to align itself with shifts in consumer preferences. Over recent years, Smucker’s has collaborated with Dunkin’ Brands Group and Keurig Green Mountain to diversify its consumer-base and expand its brand. Furthermore, they have been investing in the pet food industry due to the increase of people’s concern with the health and wellness of their pets. Smucker’s has chosen to acquire pet food provider, Ainsworth, in order to increase their presence in the pet food industry.