Sanderson Farms, Inc. (SAFM) reported third-quarter net income of $43.05 million or $2.09 per share, compared to net loss of $3.65 million or $0.18 per share last year.
On average, eight analysts polled by Thomson Reuters expected the company to report earnings of $1.76 per share. Analysts' estimates typically exclude special items.
Net sales grew to $504.85 million from $466.92 million in the prior year quarter. Seven analysts estimated revenues of $475.68 million.
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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.