What's Going On With Smithfield Foods Stock Tuesday? - Smithfield Foods (NASDAQ:SFD)

Smithfield Foods (NASDAQ:SFD) Shares Gap Down on Disappointing Earnings

Smithfield Foods (NASDAQ:SFD) Shares Gap Down on Disappointing Earnings

What's Going On With Smithfield Foods Stock Tuesday? - Smithfield Foods (NASDAQ:SFD)

Smithfield Foods, Inc. (NASDAQ:SFD) shares are trading lower on Tuesday. The company reported second-quarter adjusted earnings per share of 55 cents, in line with the analyst consensus estimate. Quarterly sales of $3.786 billion (+11% year over year) outpaced the Street view of $3.630 billion. Adjusted operating profit of $298 million, higher than $248 million in the year-ago period. Adjusted operating margin expanded to 7.9%, compared with 7.3%…

Smithfield Foods Lifts Profit Outlook After Strong Sales

Smithfield Foods Inc., the largest pork producer in the US, raised its profit expectations following strong second-quarter results, despite challenges stemming from tariffs imposed by President Donald Trump on some of the biggest importers of the meat.

Smithfield Foods posts quarterly sales, profit rise on strong demand

(Reuters) -U.S. pork processor Smithfield Foods posted a rise in second-quarter sales and profit on Tuesday, fueled by resilient demand for its packaged meats, including bacon, and fresh pork business, along with cost-saving efforts. The company’s sales rose 11% to $3.79 billion during the quarter. It earned adjusted profit of 55 cents per share, compared with 51 cents a year ago. (Reporting by Anuja Bharat Mistry in Bengaluru and Tom Polansek i…

Smithfield credits strong second quarter to agile business model

Packaged Meats, Fresh Pork and Hog Production segments all saw higher Q2 operating profit; company raises full-year profit outlook.