NASDAQ$PPC

Pilgrim's Pride · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Pilgrim’s Pride delivered strong profitability in Q4 2024, with a 73.7% YoY increase in EPS, driven by margin expansion in all regions and solid demand in the U.S. Prepared Foods segment.

Headline financials

Total Revenue

$4.37B

Previous: $4.53B-3.5%
EPS (adj)

$1.35

Previous: $0.59+128.8%
Adjusted EBITDA

$526M

No prior period
Adjusted EBITDA Margin

12.0%

No prior period
Adj Op Income Margin US

11.5%

No prior period
Adj Op Income Margin Europe

6.4%

No prior period
Adj Op Income Margin Mexico

6.4%

No prior period
Capital Expenditures

-$159M

Previous: -$111M-42.8%
Net Income

$236M

Previous: $135M+75.1%
Operating Income

$307M

Previous: $184M+66.4%
Gross Profit

$553M

Previous: $332M+66.8%

Revenue & EPS history

Pilgrim's Pride · Revenue · Quarterly

$4.37B

Q4 2024-3.5%vs Q4 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

Pilgrim’s Pride expects continued margin expansion driven by operational efficiencies, brand growth, and strong demand in key markets.

Tailwinds

  • Strong demand in U.S. Prepared Foods with 35% growth.
  • Improved operational efficiency in Europe increasing margins.
  • Mexico's fresh branded products growing at 10% YoY.
  • Sustainability investments reducing emissions intensity.
  • Continued strategic investments in capacity expansion.

Headwinds

  • Slight revenue decline in Q4 due to lower volumes.
  • Potential volatility in commodity markets affecting margins.
  • Foreign exchange risks in European and Mexican operations.
  • Inflationary pressures impacting input costs.
  • Competitive market dynamics may challenge pricing power.

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 2024

Historical avgQ4 2024

+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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