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Pilgrims Pride Corp reports results for the quarter ended June 30 - Earnings Summary

Pilgrims Pride Corp PPC.OQ reported quarterly adjusted earnings of $1.70​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.67.  The mean expectation of six analysts for the quarter was for earnings of $1.58 per share. Wall Street expected results to range from $1.54  to $1.62 per share.

Revenue rose 4.3% to $4.76 billion from a year ago; analysts expected $4.63 billion.

Pilgrims Pride Corp's reported EPS for the quarter was $1.49​.

The company reported quarterly net income of $355.52 million.

Pilgrims Pride Corp shares had risen by 4.3% this quarter and gained 16.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food processing peer group is  "buy."

Wall Street's median 12-month price target for Pilgrims Pride Corp is $48.00, about 0.6% above its last closing price of $47.70

This summary was machine generated from LSEG data July 30 at 11:28 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.581.70Beat
Mar. 31 20251.341.31Missed
Dec. 31 20241.131.35Beat
Sep. 30 20241.381.63Beat

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