Sanderson Farms: Fiscal 3Q Earnings Snapshot
Aug. 23, 2018
LAUREL, Miss. (AP) _ Sanderson Farms Inc. (SAFM) on Thursday reported fiscal third-quarter net income of $11.5 million.
The Laurel, Mississippi-based company said it had profit of 50 cents per share. Earnings, adjusted for stock option expense, were 58 cents per share.
The poultry producer posted revenue of $852.4 million in the period.
Sanderson Farms shares have dropped 23 percent since the beginning of the year. The stock has fallen 25 percent in the last 12 months.