Pilgrims Pride Corp expected to post earnings of 5  cents a share - Earnings Preview

Pilgrims Pride

25/04/2023 24:20

* Pilgrims Pride Corp  PPC.OQ   PPC.O  is expected to show a
fall
in quarterly revenue when it reports  results on April 26. 
    * The Greeley Colorado-based  company is expected to report 
a
3.5% decrease in revenue to $4.093 billion from $4.24 billion a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Pilgrims Pride Corp
is
for earnings of 5 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 83.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Pilgrims
Pride
Corp is $26​, above​ its last closing price of $22.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.16        1.14       1.54      Beat    35.6​
 Mar. 31 2022  0.63        0.65       1.18      Beat    82.7
 ​​Dec.        0.50        0.54       0.56      Beat    3.3
 31 2021                                                
 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. 31 2021  0.37        0.35       0.42      Beat    20.7
 This summary was machine generated April 24 at 23:20 GMT.  All
figures in US dollars  unless otherwise stated