How Sanderson Farms (SAFM) Looks Just Ahead Of Q1 Earnings

 | Feb 24, 2020 09:15PM ET

Sanderson Farms, Inc. (NASDAQ:SAFM) is scheduled to report first-quarter fiscal 2020 results on Feb 27, 2020. Notably, this Mississippi-based company has trailing four-quarter positive earnings surprise of 18.8%, on average.

The Zacks Consensus Estimate for first-quarter 2019 is pegged at a loss of 74 cents per share, compared with loss of 82 cents reported in the year-ago quarter. Notably, the loss estimate has widened significantly in the past 30 days. The consensus mark for revenues is pegged at $804.8 million, which indicates an increase of 8.3% from the prior-year quarter’s reported figure.

Sanderson Farms, Inc. Price and EPS Surprise

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