Smithfield Foods (SFD) Tops Q2 EPS by 6c; Packaged Meats Sales Up 7%

December 8, 2011 6:18 AM EST
Smithfield Foods, Inc. (NYSE: SFD) reported Q2 EPS of $0.76, $0.06 better than the analyst estimate of $0.70. Revenue for the quarter came in at $3.31 billion versus the consensus estimate of $3.21 billion.

Packaged meats sales +7% and volume +1%; maintained consistent margins


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