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Sanderson Farms Inc Reveals Fall In Q2 Bottom Line

Sanderson Farms Inc (SAFM) reported earnings for second quarter that dropped from last year.

The company's bottom line totaled $40.64 million, or $1.83 per share. This compares with $41.95 million, or $1.84 per share, in last year's second quarter.

Analysts had expected the company to earn $1.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.9% to $845.23 million from $813.47 million last year.

Sanderson Farms Inc earnings at a glance:

-Earnings (Q2): $40.64 Mln. vs. $41.95 Mln. last year.
-EPS (Q2): $1.83 vs. $1.84 last year.
-Analysts Estimate: $1.44
-Revenue (Q2): $845.23 Mln vs. $813.47 Mln last year.

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