Smithfield Foods Fiscal Q1 Adjusted Earnings, Sales Rise; Shares up Pre-Bell

MT Newswires Live
29 Apr

Smithfield Foods (SFD) reported fiscal Q1 adjusted earnings Tuesday of $0.58 per diluted share, up from $0.32 a year earlier.

One analyst polled by FactSet expected $0.52.

Sales for the quarter ended March 30 were $3.77 billion, up from $3.44 billion a year earlier.

Analysts surveyed by FactSet expected $3.63 billion.

The company continues to expect fiscal 2025 sales to increase in the low-to-mid-single-digit percent range compared with a year earlier.

Smithfield Foods shares were up 4.5% in recent premarket activity.

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