Smucker Was Down Today: Should Investors Worry?

Filed under: Earnings Reports, ConAgra Foods (CAG), Kraft Foods'A' (KFT)

The J.M. Smucker Company (SJM) was down almost 1.4% to $62.15 at the close of the day. Volume was quite heavy. The market voted on the food entity's latest earnings report. Should investors listen to this opinion and immediately put in sell orders?



According to TheFly, the business, whose colleagues include ConAgra Foods, Inc. (CAG) and Kraft Foods Inc. (KFT), made an adjusted $1.38 per share during its fiscal second quarter. That was six solid pennies ahead of the overall projection. Not only was that beat cool to see, but income guidance for fiscal year 2011 saw an improvement.

Continue reading Smucker Was Down Today: Should Investors Worry?

Smucker Was Down Today: Should Investors Worry? originally appeared on BloggingStocks on Thu, 18 Nov 2010 18:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments

Full story at http://www.pheedcontent.com/click.phdo?i=d352ea262fa601d5b9b4cc9e03fb5424