Smithfield Foods Q3 non-GAAP EPS in line, revenue misses estimates by $260M
FROM THE WIRE · SEEKINGALPHA.COM
* Smithfield Foods, Inc. press release [https://seekingalpha.com/pr/20700569-smithfield-foods-reports-third-quarter-results] (SFD [https://seekingalpha.com/symbol/SFD]): Q3 Non-GAAP EPS of $0.26 in-line. * Revenue of $3.4B (-8.1% Y/Y) misses by $260M. * Net cash flows from…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRevenue shortfall and a cautious outlook on pork markets weigh on the stock's prospects.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Smithfield reported Q3 non-GAAP EPS of $0.26, in line with expectations.
- 02Revenue of $3.4B fell 8.1% year over year and missed by $260M.
- 03For 2026 the company expects total sales down low-single digits, citing softer fresh pork and hog markets.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets