Pilgrim's Pride Q3 earnings preview: what analysts expect this week
Chicken producer Pilgrim's Pride reports third-quarter results Wednesday after the close. The market expects revenue to fall 1.4% year on year.
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what happened
Chicken producer Pilgrim's Pride will publish third-quarter results this Wednesday after the market closes, according to StockStory. In the previous quarter, revenue came in at $4.63 billion, down 2.8% year on year. The figure fell short of analyst forecasts, and gross margin and EBITDA also missed estimates.
The market now expects revenue to decline 1.4% year on year, after a 3.8% rise a year earlier. Analysts have mostly left their estimates unchanged over the past 30 days, and the company has missed Wall Street revenue forecasts several times in the last two years.
Peers in consumer staples offer some hints. Cal-Maine's revenue fell 41.5% year on year and missed expectations by 3.9%, and its shares dropped 4% after the report. Medifast's revenue declined 19.4% but beat estimates by 1%. Over the last month, staples stocks rose 3.3% on average, while Pilgrim's Pride lost 2%, trading at $27.56 against an average analyst target of $33.
why it matters
The report mainly matters to Pilgrim's Pride shareholders and to investors tracking poultry and packaged food producers. Weak revenue trends across the peer group point to pressure on the consumer staples segment this reporting season.
tags
instruments
sources
- Pilgrim's Pride (PPC) Q3 earnings: what to expect — stockstory.org, 27 October 2026 at 03:18 UTC
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