Smithfield Foods Inc. (SFD) reported fourth quarter adjusted EPS of $0.43 Thursday morning, which fell short of the consensus estimate of $0.53.
Smithfield Foods gapped open lower Thursday and fell in the first hour of trade. The stock finished down by 1.11 at $18.46 on the highest volume of the year and set an 8 1/2 month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.