Smithfield Foods, Inc. (SFD) Tops Q4 Earnings and Revenue Estimates

Smithfield Foods, Inc. (SFD) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +25.76%. A quarter ago, it was expected that this company would post earnings of $0.51 per share when it actually produced earnings of $0.58, delivering a surprise of +13.73%.Over the last four quarters, the ...