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

Pilgrims Pride

27/04/2023 24:24

* Pilgrims Pride Corp  PPC.OQ  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 6 cents per share.
    * Revenue fell 1.8% to $4.17 billion from a year ago;
analysts
expected $4.09 billion. 
    * Pilgrims Pride Corp's reported EPS for the quarter was 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 85.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Pilgrims Pride Corp shares had fallen by 5.9% this
quarter and
lost 8.0% so far this year.
    * The company reported quarterly net income of $5.19
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," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 11:24 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.06           0.08           Beat
 Dec. 31 2022      0.02           -0.49          Missed
 Sep. 30 2022      0.78           1.09           Beat
 Jun. 30 2022      1.14           1.54           Beat