Mark your calendars for Wednesday 30th October 2024, as Pilgrim's Pride Corporation (NASDAQ: PPC) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
the enterprise is projected to announce an estimated per share $1.38 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $4.66 billion for this period.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.58. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $4.36 billion during that specific period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $18.17 billion. Additionally, they expect the company to post profit of $4.6 per share for the fiscal year.
PPC will host a conference call with investment community on 31st October 2024 at 09:00 AM eastern time to discuss the financial results.
The previous trading day saw Pilgrim's Pride Corporation (PPC) shares trading between $46.27 and $48.30, besides a volume of 1.40 million shares. The stock closed Monday's regular trading session at $47.45, reflecting 2.68 percent gain.
