Pilgrim's Pride (PPC) Beats On Q3 Earnings, Revenues Up Y/Y
Zacks Investment Research | Oct 30, 2019 10:42PM ET
Pilgrim's Pride Corporation (NASDAQ:PPC) reported strong third-quarter 2019 results, with the bottom line beating the Zacks Consensus Estimate. Moreover, earnings and revenues improved year over year. The quarterly results were backed by improved results in the United States and Mexico. Let’s take a closer look
Q3 in Detail
Quarterly adjusted earnings of 45 cents per share improved substantially from adjusted earnings of 21 cents reported in the year-ago quarter. Further, the bottom line surpassed the Zacks Consensus Estimate of 43 cents. Improved sales and margins supported bottom-line results.
Pilgrim's Pride Corporation Price, Consensus and EPS Surprise
industry ’s growth of 27.3%.
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