Pilgrim's Pride is expected to report a year-over-year decline in earnings when it releases second-quarter results on July 29. The consensus estimate calls for earnings of $0.75 per share, down 55.9% from the prior-year quarter, while revenues are projected to rise 3% to $4.9 billion. The Zacks Earnings ESP is -20.00%, indicating that the most accurate estimate is below the consensus, and the stock carries a Zacks Rank of 5, making an earnings beat difficult to predict. In the previous quarter, the company posted earnings of $0.51 per share, missing the $0.69 consensus by 26.09%.
Pilgrims Pride CorpConsensus expects 55.9% earnings decline, Zacks ESP negative, and prior quarter miss.