Smithfield Foods (SFD) revealed a profit for its first quarter that increased from the same period last year
The company's bottom line came in at $224 million, or $0.57 per share. This compares with $156 million, or $0.41 per share, last year.
Excluding items, Smithfield Foods reported adjusted earnings of $227 million or $0.58 per share for the period.
The company's revenue for the period rose 9.5% to $3.771 billion from $3.444 billion last year.
Smithfield Foods earnings at a glance (GAAP) :
-Earnings: $224 Mln. vs. $156 Mln. last year.
-EPS: $0.57 vs. $0.41 last year.
-Revenue: $3.771 Bln vs. $3.444 Bln last year.
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