JBS (NYSE:JBS) Shares Gap Down After Earnings Miss

Key Points

• JBS shares fell after an earnings miss, opening at $12.34 versus the prior close of $13.12. Quarterly EPS was $0.16, below the $0.26 consensus estimate.
• Revenue rose 0.6% year over year to $22.74 billion, but adjusted EBITDA declined to $1.18 billion from $1.84 billion, reflecting operating pressure. Better U.S. beef results were partly offset by weakness elsewhere and headwinds including Chinese beef import quotas.
• JBS agreed to acquire personal-care company Flora for $542 million, expanding beyond food and diversifying its consumer-products business; the deal’s financial impact remains unclear.

Jbs N.V. (NYSE:JBS - Get Free Report)'s stock price gapped down before the market opened on Tuesday following a weaker than expected earnings announcement. The stock had previously closed at $13.12, but opened at $12.34. JBS shares last traded at $12.6250, with a volume of 1,903,586 shares.

The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.10). The business had revenue of $22.74 billion during the quarter. JBS had a return on equity of 12.00% and a net margin of 1.22%. The company's revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.54 EPS.

Key JBS News

Here are the key news stories impacting JBS this week:

• Positive Sentiment: JBS reported better U.S. beef results, partially offsetting weakness elsewhere in its business. Reuters: JBS misses profit estimates despite better US beef results
• Neutral Sentiment: The company agreed to acquire Flora for $542 million, expanding into personal care and broadening its consumer-products business. The deal offers a diversification opportunity, though its financial impact is not yet clear. JBS Enters Personal Care Market with Flora Acquisition
• Negative Sentiment: Third-quarter earnings missed expectations: JBS reported $0.16 per share versus the $0.26 consensus, down from $0.52 a year earlier. Revenue edged up 0.6% to $22.74 billion, but adjusted EBITDA fell to $1.18 billion from $1.84 billion, pointing to margin and operating pressure. JBS Reports Third Quarter 2026 Results
• Negative Sentiment: Reports also cited Chinese beef import quotas as a headwind for JBS’s meatpacking business, adding to concerns about an already difficult operating environment. Barron's: Stocks that explain today's market

Wall Street Analyst Weigh In

A number of research firms have weighed in on JBS. Stephens cut their price objective on shares of JBS from $18.00 to $17.00 and set an "overweight" rating for the company in a report on Monday, August 17th. Zacks Research raised shares of JBS from a "strong sell" rating to a "hold" rating in a report on Monday, July 13th. Weiss Ratings upgraded shares of JBS from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, October 30th. Wall Street Zen cut shares of JBS from a "hold" rating to a "sell" rating in a research report on Saturday, August 15th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of JBS from $18.00 to $17.50 and set an "overweight" rating on the stock in a report on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, JBS currently has a consensus rating of "Moderate Buy" and a consensus price target of $18.10.

Insider Transactions at JBS

In other news, CFO Guilherme Cavalcanti sold 183,501 shares of the company's stock in a transaction on Monday, August 24th. The shares were sold at an average price of $13.85, for a total transaction of $2,541,488.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Hedge Funds Weigh In On JBS

Several hedge funds and other institutional investors have recently modified their holdings of the business. Tidal Investments LLC raised its position in JBS by 1.9% in the second quarter. Tidal Investments LLC now owns 45,199 shares of the company's stock valued at $536,000 after purchasing an additional 840 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of JBS by 5.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 17,021 shares of the company's stock valued at $306,000 after purchasing an additional 867 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of JBS by 50.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,757 shares of the company's stock valued at $54,000 after purchasing an additional 1,257 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of JBS by 3.2% during the 1st quarter. Cetera Investment Advisers now owns 42,083 shares of the company's stock worth $756,000 after purchasing an additional 1,292 shares during the period. Finally, Parvin Asset Management LLC grew its holdings in shares of JBS by 5.8% during the 1st quarter. Parvin Asset Management LLC now owns 29,425 shares of the company's stock worth $528,000 after purchasing an additional 1,625 shares during the period.

JBS Trading Down 3.7%

The business has a fifty day moving average price of $12.40 and a two-hundred day moving average price of $14.02. The company has a current ratio of 1.53, a quick ratio of 0.77 and a debt-to-equity ratio of 2.51. The firm has a market capitalization of $9.80 billion, a PE ratio of 12.37, a PEG ratio of 3.42 and a beta of -1.54.

JBS Company Profile

JBS SA is a global food company focused on processing beef, pork, poultry and lamb. Its products include fresh and frozen meat, prepared and packaged foods, and value-added food products sold under brands such as Swift, Pilgrim's and Seara. The company also produces ingredients and other products from animal byproducts, including leather and collagen.

Founded in 1953 in Anápolis, Brazil, JBS has grown into an international business with operations across the Americas, Europe, Australia and other markets.

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