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

Smithfield Foods, Inc. (NASDAQ: SFD) is set to report its Q4 earnings on March 24, with analysts expecting earnings of 68 cents per share, an increase from 52 cents per share in the previous year. The projected quarterly revenue is $4.15 billion, up from $3.95 billion last year. Additionally, the company has initiated the approval process for a $1.3 billion processing facility in Sioux Falls, South Dakota. Smithfield Foods shares rose 1.6% to close at $23.48 on Monday.