A Preview Of Pilgrims Pride's Earnings
Portfolio Pulse from Benzinga Insights
Pilgrims Pride (NASDAQ:PPC) is scheduled to release its quarterly earnings report on Monday, 2024-02-26, with analysts estimating an EPS of $0.40. The company's past performance shows a trend of beating EPS estimates, leading to positive stock price movements. Shares of Pilgrims Pride have increased by 18.7% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
February 23, 2024 | 2:01 pm
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Pilgrims Pride is expected to report an EPS of $0.40 in its upcoming quarterly earnings, with a history of surpassing estimates. The stock has seen an 18.7% increase over the past year, indicating strong investor confidence.
Given Pilgrims Pride's history of beating EPS estimates and the subsequent positive stock price reactions, it's likely that a similar outcome could occur if the company meets or exceeds the current EPS estimate. The 18.7% increase in stock price over the past year further supports a bullish outlook, suggesting that investor sentiment is positive. However, the confidence score is not at the maximum due to the unpredictable nature of market reactions to earnings reports.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100