Pilgrims Pride Corp expected to post earnings of 42  cents a share - Earnings Preview

Pilgrims Pride

24/10/2023 03:01

* Pilgrims Pride Corp  PPC.OQ   PPC.O  is expected to show a
fall
in quarterly revenue when it reports  results 
    * The Greeley Colorado-based  company is expected to report 
a
4.6% decrease in revenue to $4.262 billion from $4.47 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 42 cents 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 $27.5​, above​ its last closing price of $23.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.77        0.78       1.09      Beat    40.1
 ​​Jun.        1.16        1.14       1.54      Beat    35.6
 30 2022                                                
 Mar. 31 2022  0.63        0.65       1.18      Beat    82.7​
 Dec. 31 2021  0.50        0.54       0.56      Beat    3.3
 Sep. 30 2021  0.72        0.73       0.67      Missed  -7.7
 This summary was machine generated October 24 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated