Investing.com - Pilgrims Pride reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Pilgrims Pride announced earnings per share of $1.09 on revenue of $4.47. Analysts polled by Investing.com anticipated EPS of $0.88 on revenue of $4.5B.
Pilgrims Pride shares are up 102.69% from the beginning of the year, still down 34.80% from its 52 week high of $34.66 set on June 3.
Pilgrims Pride shares gained 6.15% in after-hours trade following the report.
Pilgrims Pride follows other major Consumer Staples sector earnings this month
Pilgrims Pride's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.6B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on Tuesday with third quarter EPS of $0.69 on revenue of $11.1B, compared to forecast for EPS of $0.64 on revenue of $10.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar