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Recap: Pilgrims Pride Q3 Earnings

Pilgrims Pride (NASDAQ:PPC) reported its Q3 earnings results on Wednesday, October 27, 2021 at 08:00 PM. Here's what investors need to know about the announcement.
byBenzinga Insights
October 27, 2021
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Pilgrims Pride (NASDAQ:PPC) reported its Q3 earnings results on Wednesday, October 27, 2021 at 08:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Pilgrims Pride missed their estimated earnings by 8.22%, reporting an EPS of $0.67 versus an estimate of $0.73, which did not surprise analysts.

Revenue was up $753,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12, which was followed by a 0.09% drop in the share price the next day.

Here’s a look at Pilgrims Pride’s past performance:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate 0.51 0.35 0.33 0.35
EPS Actual 0.63 0.41 0.25 0.66
Revenue Estimate 3.22B 3.26B 3.12B 3.01B
Revenue Actual 3.64B 3.27B 3.12B 3.08B

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

 
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