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Pilgrims Pride Corp (PPC.OQ)

PPC.OQ on NASDAQ Stock Exchange Global Select Market

35.01USD
17 Nov 2017
Change (% chg)

$0.03 (+0.09%)
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$34.98
Open
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Volume
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Latest Key Developments (Source: Significant Developments)

Pilgrim's Pride reports Q3 adj EPS $0.98
Tuesday, 7 Nov 2017 09:55pm EST 

Nov 7 (Reuters) - Pilgrims Pride Corp :Pilgrim's Pride reports operating income of $372 million and GAAP EPS of $0.93 for the third quarter of 2017.Q3 sales $2.79 billion versus I/B/E/S view $2.3 billion.Q3 adjusted earnings per share $0.98.Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.  Full Article

Pilgrims Pride Corp to close processing facility in Luverne
Tuesday, 24 Oct 2017 04:50pm EDT 

Oct 25 (Reuters) - Pilgrims Pride Corp :Pilgrim’s to close processing facility in Luverne; improved efficiencies and synergy enhancement cited.Pilgrims Pride Corp - ‍decision to close facility will allow Pilgrim's to shift production and equipment to more efficient operations​.Pilgrims Pride Corp - ‍will close its Luverne, minn., poultry processing facility, which employs approximately 200 people, effective December 29, 2017​.Pilgrims Pride Corp - ‍facility closure will have no impact on company's overall production capacity​.  Full Article

Pilgrim's Pride prices senior unsecured notes offering
Tuesday, 26 Sep 2017 06:42pm EDT 

Sept 26 (Reuters) - Pilgrims Pride Corp :Pilgrim's Pride prices $850.0 million senior unsecured notes offering.These notes consist of $250.0 million aggregate principal amount of additional 5.750% senior unsecured notes due 2025.Notes also consist of $600.0 million aggregate principal amount of 5.875% senior unsecured notes due 2027.  Full Article

Pilgrim’s acquires Moy Park for $1.3 billion
Monday, 11 Sep 2017 07:00am EDT 

Sept 11 (Reuters) - Pilgrims Pride Corp :Pilgrim’s acquires Moy Park for $1.3 billion (£1.0 billion).Pilgrims Pride Corp - ‍transaction expected to be immediately accretive to Pilgrim's EPS​.Pilgrims Pride Corp - ‍transaction was unanimously approved by a special committee of Pilgrim's board of directors​.Pilgrims Pride - ‍transaction values equity interest of Moy Park at about $1.0 billion.Pilgrims Pride Corp - ‍Pilgrim's expects to achieve approximately $50 million in annualized synergies over next two years​.Pilgrims Pride - ‍deal funded by a combination of co's cash on hand, existing credit facilities and a subordinated seller financing note ​.Pilgrims Pride - ‍special committee was advised independently and had been granted full authority over all aspects of transaction by board of directors​.Pilgrims Pride Corp - ‍Moy Park will operate as a business unit within Pilgrim's​.  Full Article

Pilgrim's Pride • Q2 GAAP earnings per share $0.94
Wednesday, 2 Aug 2017 04:15pm EDT 

Aug 2 (Reuters) - Pilgrims Pride Corp :Pilgrim's Pride reports operating income of $359 million and operating margin of 16.0% for the second quarter of 2017.Q2 sales $2.25 billion versus I/B/E/S view $2.24 billion.Q2 GAAP earnings per share $0.94.Q2 earnings per share view $0.83 -- Thomson Reuters I/B/E/S.  Full Article

Pilgrim’S Pride announces new credit facility
Tuesday, 9 May 2017 06:24pm EDT 

May 9 (Reuters) - Pilgrims Pride Corp :Pilgrim’s Pride announces new credit facility.Pilgrims Pride Corp says has entered into a credit agreement, effective May 8, 2017, for a new $750 million revolving credit facility.Pilgrims Pride Corp- new facility replaces company's existing $700 million revolving facility and $500 million term loan commitment.Pilgrims Pride Corp- proceeds of loans under new term loan commitment repaid outstanding revolving borrowings.Pilgrims pride corp- maturity date of new facility will be May 6, 2022.Pilgrims Pride Corp - also entered into a credit agreement, effective May 8, 2017, for a term loan commitment of $800 million.  Full Article

Pilgrim’s Pride reports first quarter 2017 results
Wednesday, 3 May 2017 04:30pm EDT 

May 3 (Reuters) - Pilgrims Pride Corp ::Pilgrim’s Pride reports operating income of $152 million and operating margin of 7.5% for the first quarter of 2017.Q1 sales $2.02 billion versus I/B/E/S view $2.03 billion.Q1 GAAP earnings per share $0.38.Q1 earnings per share view $0.40 -- Thomson Reuters I/B/E/S.Increasing capital investment target for 2017 to $250 million from $220 million to reflect acquisition of GNP.  Full Article

Pilgrim's Pride reports Q4 gaap earnings per share $0.28
Wednesday, 8 Feb 2017 04:45pm EST 

Pilgrims Pride Corp : Pilgrim's Pride ends fiscal year 2016 with an operating income of $714 million and an operating margin of 9.0pct . Q4 sales $1.91 billion versus I/B/E/S view $1.94 billion . Q4 gaap earnings per share $0.28 .Q4 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.  Full Article

Pilgrims Pride reports Q2 earnings $0.60/shr
Wednesday, 27 Jul 2016 04:15pm EDT 

Pilgrims Pride Corp : Pilgrim’s Pride reports operating income of $237 million with an operating margin of 11.7 pct for the second quarter of 2016 . Q2 sales $2.03 bln vs I/B/E/S view $2.02 bln . Q2 GAAP shr $0.60 . Q2 shr view $0.64 -- Thomson Reuters I/B/E/S . Says qtrly operating income margins of 9.8 pct in U.S. and 20.5 pct in Mexico operations, respectively .Says prepared foods to launch new ABF veg-fed chicken sausage products.  Full Article

Pilgrims Pride says got state approval for expansion project at Mayfield, Kentucky complex
Friday, 3 Jun 2016 04:16pm EDT 

Pilgrims Pride Corp :Received state approval for a $24 million expansion project at its Mayfield, Kentucky, poultry processing complex.  Full Article

BRIEF-Pilgrim's Pride reports Q3 adj EPS $0.98

* Pilgrim's Pride reports operating income of $372 million and GAAP EPS of $0.93 for the third quarter of 2017