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Stock impact report

What To Expect From Pilgrim's Pride's (PPC) Q3 Earnings [Yahoo! Finance]

Pilgrim's Pride Corporation (PPC) 
Last pilgrim's pride corporation earnings: 4/29 05:12 pm Check Earnings Report
US:NYSE Investor Relations: ir.pilgrims.com/investor-relations
Company Research Source: Yahoo! Finance
Pilgrim's Pride missed analysts' revenue expectations by 1.4% last quarter, reporting revenues of $4.56 billion, up 5.8% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts' gross margin and EBITDA estimates. Is Pilgrim's Pride a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Pilgrim's Pride's revenue to grow 7.5% year on year to $4.69 billion, a reversal from the 2.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.38 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Pilgrim's Pride has missed Wall Street's revenue estimates four times over the last two years. Looking at Pilgrim's Pride's peers in the consumer staples segment, some have already reported their Q3 results, giving us a Show less Read more
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