Smithfield Foods (SFD) Tops Q4 EPS by 2c; Approves $150M Stock Buyback

Smithfield Foods, Inc. (NYSE: SFD) reported Q4 EPS of $0.85, $0.02 better than the analyst estimate of $0.83. Revenue for the quarter came in at $3.12 billion versus the consensus estimate of $3.25 billion.

Smithfield's Board has approved a $150 million share repurchase program.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Reitar Logtech launches $3M share repurchase program
• Universal Music Group repurchases 9.4 million shares under €250M buyback
• United States Antimony approves $100M share buyback program