Pilgrims Pride Corp reports results for the quarter ended June 30 - Earnings Summary
Pilgrims Pride Corp reports results for the quarter ended June 30 - Earnings Summary
Pilgrims Pride Corp PPC.OQ reported quarterly adjusted earnings of 64 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.70. The mean expectation of seven analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 60 cents to 83 cents per share.
Revenue fell 2.8% to $4.63 billion from a year ago; analysts expected $4.71 billion.
Pilgrims Pride Corp's reported EPS for the quarter was 6 cents.
The company reported quarterly net income of $13.38 million.
Pilgrims Pride Corp shares had risen by 6.0% this quarter and lost 23.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 45.9% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 8 "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 $33.50, about 10.6% above its last closing price of $29.95
This summary was machine generated from LSEG data July 29 at 11:25 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.69 | 0.64 | Missed |
Mar. 31 2026 | 0.70 | 0.51 | Missed |
Dec. 31 2025 | 0.76 | 0.68 | Missed |
Sep. 30 2025 | 1.40 | 1.52 | Beat |
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