Smithfield Foods rises after quarterly sales and profit beat estimates

Smithfield Foods

24/03/2026 09:56

** Shares of Smithfield Foods SFD.O up ~4% at $24.33 premarket

** Co beats analysts' estimates for fourth-quarter sales and profit helped by resilient demand for packaged meats and cost-saving efforts

** Posts 7% year-on-year rise in Q4 sales at $4.23 billion, beating estimates of $4.14 billion - data compiled by LSEG

** Reports Q4 adjusted profit from continuing operations of 83 cents per share, compared with analysts' expectations of 68 cents per share

** Expects total annual sales to be up by low-single-digits, compared with analysts' estimates of 1.26% growth

** As of last close, stock up 5% YTD

(Reporting by Koyena Das from Bengaluru )

((Koyena.das@thomsonreuters.com))