Pilgrim's Pride (PPC) Tops Q2 EPS by 12c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/5/2026

1. HUBS
2. EXPE
3. ARM
4. FIS
5. BROS
6. QCOM
7. DDOG
8. EW
9. ZG
10. W

Go back to Pilgrim's Pride (PPC) Tops Q2 EPS by 12c

Pilgrim’s Pride Reports Operating Income of $359 Million and Operating Margin of 16.0% for the Second Quarter of 2017

August 2, 2017 4:15 PM EDT

GREELEY, Colo., Aug. 02, 2017 (GLOBE NEWSWIRE) -- Pilgrims Pride Corporation (NASDAQ: PPC) reports second quarter 2017 financial results.

Second Quarter Highlights

Net Sales of $2.25 billion.Net Income of $233.6 million, GAAP EPS of $0.94.Operating Income margins of 14.8% in U.S. and 22.1% in Mexico operations, respectively.Adjusted EBITDA of $420.6 million (or an 18.7% margin).Cash Flow from Operations of $254.7 million.With our announced capital projects already completed, our quarterly performance reflected our well-balanced portfolio strategy, designed to capture the upside from strong markets while reducing... More