NASDAQ$PPC

Pilgrim's Pride · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Pilgrim's Pride experienced a volatile and challenging year due to Covid-19, but achieved increased relative performance compared to the previous year and industry competition.

Pilgrim's Pride reported Q4 net sales of $3.1 billion and net income of $0.1 million. The company's operating performance in the U.S. remained resilient, driven by partnerships with Key Customers and focus on execution. Mexican operations rebounded strongly in the second half, delivering great results in Q4. European operations produced an EBITDA that was 6% higher than the previous year.

  • Net Sales of $3.1 billion.
  • Net GAAP Income of $0.1 million.
  • Adjusted Consolidated Operating Income margins of 3.7%.
  • Adjusted EBITDA of $205.4 million, or a 6.6% margin, 27% higher than last year.

Headline financials

Total Revenue

$3.12B

Previous: $3.06B+1.8%
EPS (adj)

$0.25

Previous: $0.14+78.6%
Adjusted EBITDA

$205M

Previous: $162M+27.1%
Adjusted EBITDA Margin

6.6%

Previous: 5.3%+24.5%
Capital Expenditures

$112M

Previous: $89.4M+25.5%
Free Cash Flow

$104M

Previous: $41.6M+149.3%
Net Income

$330K

Previous: $92.2M-99.6%
Operating Income

$39.5M

Previous: $85.8M-54.0%
Gross Profit

$227M

Previous: $201M+12.9%
Cash & Equivalents

$548M

Previous: $261M+110.2%
Total Assets

$7.47B

Previous: $7.1B+5.2%
Stock-Based Comp

$1.02M

Previous: $2.81M-63.9%

Revenue & EPS history

Pilgrim's Pride · Revenue · Quarterly

$3.12B

Q4 2020+1.8%vs Q4 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

Pilgrim's Pride did not provide specific forward guidance in the Q4 2020 earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+1.0%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+2.8%

Avg return

30 days after

57%

37 / 65 earnings

Positive

+23.2%

Q3 2012

Best reaction

-14.3%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.8%+0.5%-9.1%
Q4 2025-3.6%+0.7%-16.1%
Q3 2025-0.1%-2.3%-0.2%
Q1 2025-14.3%-14.5%-9.9%
Q4 2024+3.4%+3.6%-1.4%
Q3 2024+0.7%+6.6%+7.3%
Q2 2024+1.8%+4.5%+12.3%
Q1 2024-0.2%+1.7%-0.2%
Q4 2023+11.6%+11.2%+19.8%
Q3 2023+4.1%+8.2%+11.4%
Q2 2023+1.8%+2.5%+3.2%
Q1 2023+1.1%+2.2%+3.8%
Q4 2022+6.8%+4.0%+0.7%
Q3 2022+3.6%+2.7%+16.2%
Q2 2022-1.3%-6.7%-11.3%
Q1 2022+10.6%+10.5%+26.9%
Q4 2021-3.0%-2.6%-20.3%
Q3 2021-2.6%-1.5%-2.4%
Q2 2021+1.3%-0.3%+26.7%
Q1 2021-1.1%-1.7%-1.8%
Q4 2020-5.5%-5.0%+10.7%
Q3 2020+0.4%+6.8%+19.9%
Q2 2020-4.9%-5.9%+1.7%
Q1 2020+3.2%-5.4%-3.0%
Q4 2019-4.8%-10.6%-30.7%
Q3 2019+3.2%+4.2%+7.1%
Q2 2019+7.3%+5.2%+14.1%
Q1 2019+1.8%+6.8%-5.0%
Q4 2018-6.1%-3.2%+0.9%
Q3 2018+5.6%+7.2%+10.5%
Q2 2018-1.6%+1.2%+3.8%
Q1 2018+2.4%-2.2%-4.5%
Q4 2017+5.4%+3.1%-0.6%
Q3 2017+8.6%+13.1%+22.1%
Q2 2017+4.5%+7.6%+22.1%
Q1 2017-1.9%-2.1%-8.9%
Q4 2016+10.3%+9.9%+15.2%
Q3 2016+0.7%+4.4%-13.1%
Q2 2016-5.7%-7.7%-9.3%
Q1 2016+11.9%
Q4 2015-5.0%
Q3 2015-3.9%
Q2 2015+7.6%
Q1 2015+1.8%
Q4 2014+3.4%
Q3 2014+0.2%
Q2 2014-8.6%
Q1 2014+2.6%
Q4 2013-0.2%
Q3 2013-1.5%
Q2 2013+9.0%
Q1 2013+6.0%
Q4 2012-7.2%
Q3 2012+23.2%
Q4 2011-2.8%
Q2 2012-2.8%
Q1 2011+2.0%
Q1 2012+2.0%
Q4 2009+3.1%
Q1 2010+3.1%
Q3 2011-3.8%
Q3 2010-3.8%
Q4 2010-6.9%
Q2 2010-6.9%
Q2 2011-6.9%

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