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

Pilgrims Pride

28/04/2022 24:29

* Pilgrims Pride Corp  PPC.OQ  reported quarterly adjusted
earnings of $1.18​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 65 cents per share.
    * Revenue rose 29.5% to $4.24 billion from a year ago; 
analysts
expected $4.07 billion. 
    * Pilgrims Pride Corp's reported EPS for the quarter was
$1.15​.
    * The mean earnings estimate of analysts had risen by
about 20.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Pilgrims Pride Corp shares had risen by 5.5% this
quarter and
lost 6.1% so far this year.
    * The company reported quarterly net income of $280.44
million.
    * Wall Street's median 12-month price target for Pilgrims
Pride
Corp is $29.00 
    * 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 April 27 at 11:29 p.m.  ​All
figures in US dollars unless otherwise stated