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Sanderson Farms: Fiscal 3Q Earnings Snapshot

August 29, 2019

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.

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