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Smithfield Foods Inc. (SFD) Sank To An 8-Month Low On Weak Q4 Results

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6/15/2012 8:00 AM ET

Smithfield Foods Inc. (SFD: Quote) 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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by RTT Staff Writer

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