Shares of Sanderson Farms (NASDAQ:SAFM) were unchanged after the company reported Q3 results.
Quarterly Results
Earnings per share fell 38.59% year over year to $1.48, which beat the estimate of $0.95.
Revenue of $956,455,000 higher by 1.20% year over year, which beat the estimate of $936,040,000.
Guidance
Sanderson Farms hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Aug 27, 2020
Time: 11:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/3xfv56im
Technicals
Company's 52-week high was at $179.45
52-week low: $102.13
Price action over last quarter: down 12.12%
Company Description
Sanderson Farms is the third- largest dressed-chicken processor in the United States, producing and selling a variety of fresh, frozen, and value-added chicken products to grocers, food-service operators, and distributors. Most revenue is generated in the Southeastern, Southwestern, Northeastern, and Western United States, with 85%-95% of sales made to domestic customers in recent years. The company's product portfolio consists of tray pack and large birds, catering to grocery and food-service customers.
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