Shares of Sanderson Farms (NASDAQ:SAFM) were unchanged after the company reported Q2 results.
Earnings per share decreased 84.70% over the past year to $0.28, which beat the estimate of $0.19.
Revenue of $844,711,000 decreased by 0.06% year over year, which missed the estimate of $890,610,000.
Sanderson Farms hasn't issued any earnings guidance for the time being.
Sanderson Farms hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: May 28, 2020
Time: 11:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/mgdks3nd
52-week high: $179.45
Company's 52-week low was at $102.13
Price action over last quarter: Up 13.48%
Sanderson Farms is the third- largest dressed-chicken processor in the United States, producing and selling a variety of fresh, frozen, and value-added chicken products to grocers, food-service operators, and distributors. Most revenue is generated in the Southeastern, Southwestern, Northeastern, and Western United States, with 85%-95% of sales made to domestic customers in recent years. The company's product portfolio consists of tray pack and large birds, catering to grocery and food-service customers.
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