J.M. Smucker falls after annual profit forecast below estimates

Shares of Uncrustables maker J.M. Smucker down 1.5% at $102.70

Co forecasts annual profit below analysts' estimates as a surge in coffee costs is expected to squeeze its margin

Trims annual adjusted EPS forecast to range between $8.75 and $9.25 vs. prior forecast of $8.50 to $9.50, the midpoint of which is below analysts' estimate of $9.08 - data compiled by LSEG

Reports Q2 adjusted earnings per share of $2.10, in line with analyst estimates

Including sessions moves, shares down ~8.3% YTD