Sanderson Farms, Inc.

NASDAQ:SAFM   3:59:47 PM EDT
155.76
-4.86 (-3.03%)
Other Pre-Announcement

Sanderson Farms, Inc. Reports Results For Second Quarter Of Fiscal 2021

Published: 05/27/2021 11:44 GMT
Sanderson Farms, Inc. (SAFM) - Sanderson Farms, Inc. Reports Results for Second Quarter of Fiscal 2021.
Q2 Earnings per Share $4.34.
Q2 Sales $1.134 Billion Versus Refinitiv Ibes Estimate of $1.04 Billion.
Q2 Earnings per Share Estimate $2.17 -- Refinitiv Ibes Data (analyst estimates).
Expect Total Production During Q3 and Q4 of 2021 to Be Down 0.6% and 2.3%, Respectively.
In H2, Continue to Expect Prices Paid for Feed Grain to Be Significantly Higher for Year Versus 2020.
Sanderson Farms - Expect to Be Back to Full Production at All Food Service Plants Except St.
Pauls, North Carolina & Palestine, Texas by Early Sept.