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Smithfield Foods subsidiary plans to close plant

2013-03-15 14:59:35| Food - Topix.net

A Smithfield Foods subsidiary plans to close its Landover, Md., plant by early fall as it consolidates operations.

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Smithfield Foods Rating Increased to Neutral at Bank of America

2013-03-11 17:32:59| Food - Topix.net

The firm currently has a $26.00 target price on the stock. The analysts wrote, "We are upgrading Smithfield from Underperform to Neutral despite mixed fundamentals as there has been increased pressure on management to create shareholder value which we believe could drive the stock higher in the near-intermediate term.

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Smithfield Foods reports 3% rise in Q3 profit

2013-03-11 01:00:00| Food Processing Technology

US-based pork processor Smithfield Foods has reported that its net income for the third quarter of 2013 increased by about 3% to $81.5m, compared with $79m in the corresponding quarter last year, fuelled by growth in packaged meats and contributions

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Smithfield Foods Reports Strong Fiscal 2013 Q3 Results

2013-03-08 01:00:00| ThePigSite - Industry News

US - Smithfield Foods, Inc. has reported strong fiscal 2013 third quarter results, driven by growth in packaged meats and solid contributions from international operations, as the company continued to execute its plan to transform into a more value-added consumer packaged meats company.

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Smithfield Foods (SFD) Announces Quarterly Earnings, Beats Estimates By $0.18 EPS

2013-03-07 18:05:38| Food - Topix.net

Smithfield Foods released its earnings data on Thursday. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.18. The company had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.53 billion.

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