Pilgrims Pride Corp expected to post earnings of 40 cents a share - Earnings Preview

Pilgrims Pride

23/02/2024 13:59

* Pilgrims Pride Corp  PPC.OQ   PPC.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 26 for
the period ending December 31 2023
    * The Greeley Colorado-based  company is expected to report
a
8.4% increase in revenue to $4.475 billion from $4.13 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Pilgrims Pride Corp is
for
earnings of 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 $29.00​, above​ its last closing price of $28.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  0.06        0.05       0.08      Beat    66.7​
 Dec. 31 2022  -0.09       0.02       -0.49     Missed  -2,550
 ​​Sep.        0.77        0.78       1.09      Beat    40.1
 30 2022                                                
 Jun. 30 2022  1.16        1.14       1.54      Beat    35.6​
 Mar. 31 2022  0.63        0.65       1.18      Beat    82.7
 Dec. 31 2021  0.50        0.54       0.56      Beat    3.3
 This summary was machine generated February 23 at 13:58 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)