Smithfield Foods jumps after higher Q1 profit

Smithfield Foods

29/04/2025 16:05

** Smithfield Foods SFD.O shares jump ~6% to $21.1

** Company posts Q1 adjusted earnings per share of 58 cents, compared with 32 cents, a year earlier

** Smithfield's Q1 packaged meats unit sales up 1.2% to $2 bln

** At Monday's close, SFD's stock had gained ~0.8% since its Nasdaq debut in January

 (Reporting by Prakhar Srivastava in Bengaluru)

 ((Prakhar.srivastava2@thomsonreuters.com))