Sanderson Farms, Inc. (NASDAQ:SAFM) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 1.92% to $1.06 in the quarter versus EPS of $1.04 in the year-earlier quarter. Revenue Rose 4.39% to $621.2 million from the year-earlier quarter.
Sanderson Farms, Inc. reported adjusted EPS income of $1.06 per share. By that measure, the company beat the mean analyst estimate of $0.71. It missed the average revenue estimate of $623.95 million.