Pilgrims Pride Corporation (NASDAQ:PPC) is reporting third quarter financial results on Wednesday 28th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, PPC is expected to report 3Q20 income of $ 0.35 per share from revenue of $ 3012.64 million.
For the full year, analysts anticipate top line of $ 12196.70 million, while looking forward to income of $ 0.89 per share bottom line.
Stock Performance
Shares of Pilgrims Pride Corporation traded up $ 0.04 or 0.25 percent on Tuesday, reaching $ 16.20 with volume of 660.70 thousand shares. Pilgrims Pride Corporation has traded high as $ 16.57 and has cracked $ 16.13 on the downward trend
According to the previous trading day, closing price of $ 16.20, representing a 14.94 % increase from the 52 week low of $ 14.06 and a 52 % decrease over the 52 week high of $ 33.67.
The company has a market capital of $ 3.95 billion and is part of the Consumer Defensive sector and Packaged Foods industry.
Pilgrims Pride Corporation engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products in the United States, the United Kingdom, Europe, and Mexico. The company offers fresh chicken products, including pre-marinated or non-marinated refrigerated (nonfrozen) whole or cut-up chicken; and prepackaged case-ready chicken, such as whole chickens and chicken parts. It also provides prepared chicken products comprising portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties, and bone-in chicken parts.
