ORRVILLE, Ohio (AP) — ORRVILLE, Ohio (AP) — J.M. Smucker Co. (SJM) on Tuesday reported fiscal third-quarter profit of $120.4 million.

On a per-share basis, the Orrville, Ohio-based company said it had profit of $1.13. Earnings, adjusted for one-time gains and costs, came to $2.48 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.27 per share.

The food maker posted revenue of $2.23 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $2.21 billion.

Smucker expects full-year earnings in the range of $9.45 to $9.65 per share.

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