Investing.com - Pilgrims Pride reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Pilgrims Pride announced earnings per share of $1.09 on revenue of $4.47. Analysts polled by Investing.com EPS of $0.88 on revenue of $4.5B.
Pilgrims Pride 's are up 102.69% and is trading at $23.99 , still down 34.80% from its 52 week high of $34.66 set on Friday, June 3, 2022.
Pilgrims Pride shares gained 6.15% to trade at $23.99 in after-hours trade the report.
Pilgrims Pride follows other major Consumer Staples sector earnings this month
Pilgrims Pride's report follows an earnings beat by Procter&Gamble on Wednesday, October 19, 2022, who reported EPS of $1.57 on revenue of $20.6B, EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on Tuesday with third quarter EPS of $0.69 on revenue of $11.1B, for EPS of $0.64 on revenue of $10.53B.
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