Smithfield Foods Likely To Report Higher Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Smithfield Foods, Inc. (NASDAQ:SFD) will release earnings for its fourth quarter before the opening bell on Tuesday, March 24.

Analysts expect quarterly earnings of 68 cents per share. That’s up from 52 cents per share in the year-ago period. The consensus estimate for Smithfield Foods’ quarterly revenue is $4.15 billion; it reported $3.95 billion last year, according to Benzinga Pro.

On Feb. 16, Smithfield Foods initiated approval process for up to $1.3 billion state-of-the-art packaged meats and fresh pork processing facility in Sioux Falls, South Dakota.

Smithfield Foods shares gained 1.6% to close at $23.48 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

Considering buying SFD stock? Here’s what analysts think:

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