Smithfield Foods Q4 Adj. EPS $0.83 Beats $0.68 Estimate, Sales $4.227B Beat $4.138B Estimate

Smithfield Foods (NASDAQ: SFD) reported Q4 adjusted earnings per share of $0.83, surpassing the analyst estimate of $0.68 by 22.96%, and marking a 53.7% increase from $0.54 per share in the same quarter last year. The company also achieved quarterly sales of $4.227 billion, exceeding expectations of $4.138 billion by 2.15%, and reflecting a 6.99% increase from $3.951 billion in the prior year period.