Smithfield Foods (SFD) revealed earnings for its first quarter that Increases, from last year
The company's bottom line came in at $246 million, or $0.62 per share. This compares with $224 million, or $0.57 per share, last year.
Excluding items, Smithfield Foods reported adjusted earnings of $251 million or $0.64 per share for the period.
The company's revenue for the period rose 0.8% to $3.800 billion from $3.771 billion last year.
Smithfield Foods earnings at a glance (GAAP) :
-Earnings: $246 Mln. vs. $224 Mln. last year.-EPS: $0.62 vs. $0.57 last year.-Revenue: $3.800 Bln vs. $3.771 Bln last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.