Pilgrim's Pride (PPC) Set to Release Earnings on Wednesday

Key Points

• Pilgrim’s Pride is expected to report Q3 2026 results after the market closes on October 28. Analysts forecast earnings of $0.586 per share and revenue of $4.63 billion, with a conference call scheduled for October 29 at 9:00 a.m. ET.
• The company’s previous quarter fell short of expectations, reporting $0.64 EPS versus the $0.70 consensus and $4.63 billion in revenue versus $4.70 billion expected. Revenue declined 2.8% year over year, while EPS dropped sharply from $1.70 in the prior-year quarter.
• Analysts maintain a consensus “Hold” rating on PPC, with two Buy, five Hold and one Sell rating and an average price target of $36.50. Shares recently traded at $28.22, down 1.1%, with a 52-week range of $25.00 to $44.84.

Pilgrim's Pride (NASDAQ:PPC - Get Free Report) will likely be announcing its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Pilgrim's Pride to post earnings of $0.5860 per share and revenue of $4.63 billion for the quarter. Investors may review the information on the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 9:00 AM ET.

Pilgrim's Pride (NASDAQ:PPC - Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.64 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by ($0.06). The firm had revenue of $4.63 billion for the quarter, compared to analysts' expectations of $4.70 billion. Pilgrim's Pride had a return on equity of 21.70% and a net margin of 2.96%. The business's revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.70 earnings per share. On average, analysts expect Pilgrim's Pride to post $1.96 EPS for the current fiscal year and $2.41 EPS for the next fiscal year.

Pilgrim's Pride Stock Down 1.1%

NASDAQ PPC opened at $28.22 on Wednesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.36 and a quick ratio of 0.62. The stock has a market capitalization of $6.72 billion, a PE ratio of 12.27 and a beta of 0.31. Pilgrim's Pride has a 1 year low of $25.00 and a 1 year high of $44.84. The business's 50-day moving average is $29.33 and its 200 day moving average is $29.67.

Analyst Ratings Changes

PPC has been the subject of a number of recent analyst reports. Bank of America lowered their price target on Pilgrim's Pride from $37.00 to $30.00 and set a "neutral" rating for the company in a research report on Thursday, July 2nd. UBS Group reiterated a "neutral" rating on shares of Pilgrim's Pride in a research report on Tuesday, September 22nd. Finally, Weiss Ratings upgraded Pilgrim's Pride from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, October 14th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $36.50.

About Pilgrim's Pride

Pilgrim's Pride Corporation is a food company that produces, processes and distributes poultry and prepared foods. Its product portfolio includes fresh, frozen and ready-to-eat chicken products, as well as foodservice, retail and convenience offerings sold under brands such as Pilgrim's, Just Bare, Gold'n Plump and Del Dia.

Founded in 1946, the company has grown from a regional poultry business into an international food producer. Pilgrim's Pride serves grocery retailers, restaurants, foodservice distributors and other commercial customers across the United States, Mexico and the United Kingdom and Europe.

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