|Bid||21.11 x 900|
|Ask||21.12 x 800|
|Day's Range||21.01 - 21.72|
|52 Week Range||15.75 - 33.67|
|Beta (5Y Monthly)||1.04|
|PE Ratio (TTM)||12.00|
|Earnings Date||Jul 29, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 06, 2016|
|1y Target Est||29.86|
Please note that the slides referenced during today's call are available for download from the Investor Relations section of the company's website at www.pilgrims.com. Good morning, and thank you for joining us today as we review our operating and financial results for the first quarter ended March 29, 2020.
(Bloomberg) -- Pilgrim’s Pride Corp., the second-biggest U.S. chicken producer, said poultry markets were “volatile” and “challenging” due to the spread of Covid-19 in its first quarter earnings statement.The company didn’t address the worker illnesses and reduction of plant capacity that’s currently plaguing the industry.Key InsightsPilgrim’s beat estimates, helped by improved European operations and increased business in non-commodity productsThe coronavirus pandemic has wreaked havoc on the chicken industry with plants running at reduced capacity. Workers are ailing or in quarantine, and they are staying away from work on health concernsThe large bird de-boning market was “especially volatile,” according to the statement, as food-service demand plunged amid restaurant closuresWholesale pork and beef output has slumped, boosting prices, and that may bolster demand for chicken, said Heather Jones of Heather Jones ResearchChicken-breast prices have plunged, recently touching the lowest since 2018 in USDA dataMarket ReactionPilgrim’s, down more than 30% this year, rose more than 4% after the market close WednesdayGet MoreClick here for the earnings statementConference call 9am NY Thursday (844) 883-3889For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
GREELEY, Colo., April 29, 2020 -- Pilgrim’s Pride Corporation (NASDAQ: PPC) reports first quarter 2020 financial results. First Quarter Highlights Net Sales of $3.07.
High input costs and macroeconomic headwinds in Mexico are likely to get reflected in Pilgrim's Pride's (PPC) first-quarter 2020 results. Nevertheless, strength in Prepared Foods category bodes well.
Pilgrim’s Pride Corporation (PPC) announced today that it will host its first quarter 2020 earnings conference call and webcast on Thursday, April 30, 2020 at 7:00 a.m. MT (9:00 a.m. ET). Prepared remarks regarding the company’s financial and operational results will be followed by a question and answer period with Pilgrim’s executive management team. Participants who would like to join the call but have not pre-registered can do so on the day of the event by dialing +1 (844) 883-3889 within the US, or +1 (412) 317-9245 internationally, and requesting the “Pilgrim’s Pride Conference.”
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GREELEY, Colo., March 03, 2020 -- Pilgrim's Pride Corporation (NASDAQ: PPC) will host its annual meeting of shareholders on Wednesday, April 29, 2020, at 8 a.m. Mountain / 10.
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GREELEY, Colo., Feb. 20, 2020 -- Pilgrim’s Pride Corporation (NASDAQ: PPC) reports fourth quarter and year-end 2019 financial results. 2019 Highlights Operating Income.
Kellogg's (K) fourth-quarter 2019 earnings and sales reflect impacts from the divestiture of the company's cookies, fruit snacks, pie crusts and ice-cream cones businesses.
These fast movers are currently witnessing a short-term pullback in price, as Coronavirus rattles investor confidence. So, this could be the perfect entry point for garnering solid profits in 2020.