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Smithfield Foods, Inc. Message Board

  • richmondinvestor richmondinvestor Nov 4, 2001 3:34 PM Flag

    Beef Acquisitions

    Now that SFD has 9% market share in beef (with the American Foods acquisition), does anyone besides me feel that the analysts earning projections on the Yahoo board are too low for the Jan.02/April 02 periods? With trailing 12 month earnings of $2.15, it would seem that the earnings projections should be significantly higher than $1.83 listed for the current fiscal year. With that said, the stock price should be significantly higher as well.

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