J.M. Smucker (SJM) reported fiscal Q4 adjusted earnings Tuesday of $2.77 per diluted share, up from $2.31 a year earlier.

Analysts polled by FactSet expected $2.64.

Net sales for the quarter ended April 30 were $2.27 billion, up from $2.14 billion a year earlier.

Analysts expected $2.26 billion.

For fiscal 2027, the company expects adjusted EPS of $9.75 to $10.25. Analysts expect $9.81.

J. M. Smucker expects full-year net sales to drop 3% to 4% year over year.

The company's shares were up 5.2% in premarket activity.