Pilgrims Pride Corp expected to post earnings of $1.30 a share - Earnings Preview

Pilgrims Pride

29/07/2024 22:56

* Pilgrims Pride Corp  PPC.OQ   PPC.O  is expected to show a
rise
in quarterly revenue when it reports  results on July 31 for the
period ending June 30 2024
    * The Greeley Colorado-based  company is expected to report
a
7.3% increase in revenue to $4.622 billion from $4.31 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Pilgrims Pride Corp is
for
earnings of $1.30 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $40.00​, below​ its last closing price of $41.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.63        0.64       0.77      Beat    20.7
 Dec. 31 2024  0.40        0.40       0.59      Beat    47.5
 Sep. 30 2023  0.48        0.42       0.58      Beat    39.4​
 Jun. 30 2023  0.32        0.30       0.44      Beat    44.7
 ​​Mar.        0.06        0.05       0.08      Beat    66.7
 31 2023                                                
 Dec. 31 2022  -0.09       0.02       -0.49     Missed  -2,550
                                                        ​
 Sep. 30 2022  0.77        0.78       1.09      Beat    40.1
 Jan. 1 0001   1.16        1.14       1.54      Beat    35.6
 This summary was machine generated July 29 at 21:56 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)