Pilgrims Pride Corp reports results for the quarter ended in December - Earnings Summary

Pilgrims Pride

09/02/2023 24:22

* Pilgrims Pride Corp  PPC.OQ  reported a quarterly adjusted
loss
of 49 cents​​ per share for the quarter ended in December. The
mean expectation of five analysts for the quarter was
for earnings of 2 cents per share.
    * Revenue rose 2.2% to $4.13 billion from a year ago;
analysts
expected $4.05 billion. 
    * Pilgrims Pride Corp's reported EPS for the quarter was a
loss
of 66 cents​.
    * The mean earnings estimate of analysts had fallen by
about 91.2%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Pilgrims Pride Corp shares had fallen by 0.5% this
quarter.
    * The company reported a quarterly loss of $154.98 million.
    * Wall Street's median 12-month price target for Pilgrims
Pride
Corp is $26.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
9 at 12:22 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.02           -0.49          Missed
 Sep. 30 2022      0.78           1.09           Beat
 Jun. 30 2022      1.14           1.54           Beat
 Mar. 31 2022      0.65           1.18           Beat