Pilgrims Pride Corp expected to post earnings of $1.09 a share - Earnings Preview

Pilgrims Pride

26/07/2022 03:01

* Pilgrims Pride Corp  PPC.OQ   PPC.O  is expected to show a
rise
in quarterly revenue when it reports  results on July 27. 
    * The Greeley Colorado-based  company is expected to report 
a
18.3% increase in revenue to $4.302 billion from $3.64 billion a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Pilgrims Pride Corp
is
for earnings of $1.09 per share. For the same quarter last year,
the company reported earnings of 63 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pilgrims
Pride
Corp is $30​, below​ its last closing price of $32.37. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.63        0.65       1.18      Beat    82.7
 Dec. 31 2022  0.50        0.54       0.56      Beat    3.3
 Sep. 30 2021  0.72        0.73       0.67      Missed  -7.7​
 Jun. 30 2021  0.56        0.53       0.63      Beat    19.3
 ​​Mar.        0.37        0.35       0.42      Beat    20.7
 31 2021                                                
 Dec. 31 2020  0.32        0.33       0.25      Missed  -24.2​
 Sep. 30 2020  0.35        0.37       0.66      Beat    80.3
 Jun. 30 2020  0.10        0.10       0.00      Missed  -100
 This summary was machine generated July 26 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated