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Poultry producer Sanderson Farms Inc. (SAFM) on Thursday reported net income for the second quarter of $96.91 million or $4.34 per share, sharply higher than $6.12 million or $0.28 per share in the year-ago quarter.


RTTNews | May 27, 2021 08:14AM EDT

08:13 Thursday, May 27, 2021 (RTTNews.com) - Poultry producer Sanderson Farms Inc. (SAFM) on Thursday reported net income for the second quarter of $96.91 million or $4.34 per share, sharply higher than $6.12 million or $0.28 per share in the year-ago quarter.

Net sales for the quarter rose to $1.13 billion from $844.71 million for the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $2.17 per share on revenues of $1.04 billion for the quarter. Analysts' estimates typically exclude special items.

Read the original article on RTTNews ( https://www.rttnews.com/3198059/sanderson-farms-q2-profit-soars-results-top-estimates-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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