Sanderson Farms: Fiscal 3Q Earnings Snapshot
LAUREL, Miss. (AP) _ Sanderson Farms Inc. (SAFM) on Thursday reported fiscal third-quarter profit of $53.4 million.
The Laurel, Mississippi-based company said it had net income of $2.41 per share. Earnings, adjusted for stock option expense, came to $2.51 per share.
The poultry producer posted revenue of $945.2 million in the period.
Sanderson Farms shares have risen 43% since the beginning of the year. The stock has risen 33% in the last 12 months.