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Stock impact report

Why Is Pilgrim's Pride (PPC) Up 4.2% Since Last Earnings Report? [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
Will the recent positive trend continue leading up to its next earnings release, or is Pilgrim's Pride due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Pilgrim's Pride reported impressive third-quarter 2024 results, with the top and bottom lines increasing from the year-ago quarter. Also, the company's earnings surpassed the Zacks Consensus Estimate. PPC reported adjusted earnings of $1.63 per share, surpassing the Zacks Consensus Estimate of $1.27. Also, the bottom line increased from adjusted earnings of 58 cents in the year-ago quarter. On a GAAP basis, earnings came in at $1.47 per share, up from 51 cents in the year-ago period. The company generated net sales of $4,585 million, which increased 5.2% from the year-ago quarter. Pilgrim's Pride's results gained from operational excellence, portfolio diversification an Show less Read more
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