Loading...
Loading...
Sanderson Farms
SAFM reported better-than-expected third-quarter results.
Sanderson posted a quarterly profit of $28.7 million, or $1.25 per share, versus a year-ago loss of $55.7 million, or $2.51 per share.
Its sales climbed 22% to $624.9 million. However, analysts were expecting earnings of $1.20 per share on revenue of $620.0 million.
Sanderson shares fell 1% to close at $40.59 yesterday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We simplify the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in