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

Pilgrims Pride

28/07/2022 24:27

* Pilgrims Pride Corp  PPC.OQ  reported quarterly adjusted
earnings of $1.54​​ per share for the quarter ended in June. The
mean expectation of six analysts for the quarter was
for earnings of $1.14 per share.
    * Revenue rose 27.3% to $4.63 billion from a year ago;
analysts
expected $4.31 billion. 
    * Pilgrims Pride Corp's reported EPS for the quarter was
$1.50​.
    * The mean earnings estimate of analysts had risen by
about 41.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Pilgrims Pride Corp shares had risen by 5.3% this
quarter and
gained 16.7% so far this year.
    * The company reported quarterly net income of $362.12
million.
    * Wall Street's median 12-month price target for Pilgrims
Pride
Corp is $30.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 11:26 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.14           1.54           Beat
 Mar. 31 2022      0.65           1.18           Beat
 Dec. 31 2021      0.54           0.56           Beat
 Sep. 30 2021      0.73           0.67           Missed