Smithfield Foods, Inc. (SFD) Reports Q3 EPS of $0.58 ; Provides Outlook

Smithfield Foods, Inc. (NASDAQ: SFD) reported Q3 EPS of $0.58, versus $0.00 reported last year. Revenue for the quarter came in at $3.7 billion.

FY 2025 Outlook

For Fiscal Year 2025, the Company is again increasing its outlook originally provided on March 25, 2025 as follows:

Reaffirming total Company sales to increase in the low-to-mid-single-digit percent range compared to fiscal year 2024. For comparability purposes, this outlook range excludes the impact from Hog Production segment sales to recently formed Murphy Family Farms and VisionAg.
Updating Packaged Meats segment adjusted operating profit to between $1,060 million to $1,110 million.
Updating Fresh Pork segment adjusted operating profit to between $150 million to $200 million.
Increasing Hog Production segment adjusted operating profit to between $125 million to $150 million.
Increasing total Company adjusted operating profit to between $1,225 million to $1,325 million.
Updating capital expenditures to between $350 million to $400 million. Capital expenditures include investments in profit improvement projects as well as projects for maintenance and repair.
Reaffirming an effective tax rate of between 23.0% and 25.0%.

For earnings history and earnings-related data on Smithfield Foods, Inc. (SFD) click here.

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