Pilgrim's Pride (PPC) Tops Q1 EPS by 4c
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Pilgrim's Pride Reports Operating Income of $328 Million With a Margin of 16.0% for the First Quarter of 2015, a Significant 95% Improvement Compared to 2014
April 29, 2015 6:21 PM EDTGREELEY, Colo., April 29, 2015 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (Nasdaq: PPC) reports first quarter 2015 financial results with Net Sales of $2.05 billion for the thirteen week period, as compared to $2.02 billion for the same period in 2014. The 2015 Q1 net income of $204.2 million was an improvement of 108% compared to the $98.1 million reported in the same period in 2014. Adjusted Earnings Per Share was $0.82 in the first quarter of 2015 compared to $0.39 in the same period last year, while adjusted Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA") of $363.5 million, a 17.7% margin, increased 77% compared to the $205.5 million... More
Pilgrim's Pride Reports Operating Income of $328 Million With a Margin of 16.0% for the First Quarter of 2015, a Significant 95% Improvement Compared to 2014
April 29, 2015 6:21 PM EDTGREELEY, Colo., April 29, 2015 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (Nasdaq: PPC) reports first quarter 2015 financial results with Net Sales of $2.05 billion for the thirteen week period, as compared to $2.02 billion for the same period in 2014. The 2015 Q1 net income of $204.2 million was an improvement of 108% compared to the $98.1 million reported in the same period in 2014. Adjusted Earnings Per Share was $0.82 in the first quarter of 2015 compared to $0.39 in the same period last year, while adjusted Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA") of $363.5 million, a 17.7% margin, increased 77% compared to the $205.5 million... More
