logo
Plus   Neg
Share
Email

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.

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT