7/104 sources · 2 publishersUpdated Oct 30, 10:21 UTC
Pilgrim’s Pride reports Q3 2026 earnings miss and margin pressure
Pilgrim’s Pride posted third‑quarter 2026 revenue of $4.65 billion and adjusted earnings of $0.49 per share, both below analyst expectations. Operating margin fell to 4.1% and free cash flow turned negative at –$4.54 million. The results prompted BMO Capital to cut its price target to $31 and intensified scrutiny of JBS’s pending takeover proposal.
Why it matters
The earnings shortfall and weaker margins may pressure Pilgrim’s Pride’s share price and could influence the outcome of JBS’s bid to acquire the remaining shares, as noted by analysts in the earnings preview.
Key facts
- 1Q3 2026 revenue was $4.65 billion. finance.yahoo.com
- 2Adjusted earnings were $0.49 per share. finance.yahoo.com
- 3Adjusted EBITDA was $316.3 million. finance.yahoo.com
- 4Operating margin was 4.1%, down from 10.4% YoY. finance.yahoo.com
- 5Free cash flow was –$4.54 million. finance.yahoo.com
- 6BMO Capital reduced its price target to $31. investing.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.