NYSE$SEB

Seaboard Corporation · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Seaboard experienced a loss in Q1 2023, with a decrease in net sales and operating income.

Seaboard Corporation reported a net loss attributable to Seaboard of $16 million and a loss per share of $13.78 for the three months ended April 1, 2023. This contrasts with a net earnings of $103 million and earnings per share of $89.28 for the same period last year. Net sales decreased to $2,499 million, and the company had an operating loss of $63 million compared to an operating income of $146 million in the prior year.

  • Seaboard reported a net loss of $16 million for Q1 2023.
  • The company's net sales decreased to $2,499 million compared to $2,709 million in the same quarter of the previous year.
  • Seaboard experienced an operating loss of $63 million, a significant change from the $146 million operating income in Q1 2022.
  • Earnings per share was reported as a loss of $13.78, a steep decline from the $89.28 earnings per share in the prior year.

Headline financials

Total Revenue

$2.5B

Previous: $2.71B-7.8%
EPS (adj)

-$13.78

Previous: $89.28-115.4%
Dividend per common share

$2.25

No prior period
Capital Expenditures

-$111M

Previous: -$161M+31.1%
Free Cash Flow

-$127M

Previous: -$57M-122.8%
Net Income

-$16M

Previous: $104M-115.4%
Operating Income

-$63M

Previous: $146M-143.2%
Gross Profit

$34M

Previous: $236M-85.6%
Cash & Equivalents

$84M

Previous: $94M-10.6%
Total Assets

$7.8B

Previous: $7.67B+1.6%

Revenue & EPS history

Seaboard · Revenue · Quarterly

$2.5B

Q1 2023-7.8%vs Q1 2022

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 Q1 2023

Historical avgQ1 2023

-0.2%

Avg return

Earnings day

-1.2%

Avg return

5 days after

+0.9%

Avg return

30 days after

42%

28 / 66 earnings

Positive

+15.8%

Q1 2010

Best reaction

-6.0%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%-19.9%-4.5%
Q4 2025-3.7%-12.0%-10.1%
Q3 2025-2.2%+9.7%+42.7%
Q2 2025+1.0%+1.0%+11.3%
Q1 2025-0.3%-0.5%+7.8%
Q4 2024+9.9%+8.6%+1.0%
Q3 2024-3.2%-9.5%-10.5%
Q2 2024+2.1%+0.3%-2.3%
Q1 2024-1.4%-2.3%-0.2%
Q4 2023-1.8%-2.5%-9.1%
Q3 2023-0.5%+2.1%-0.9%
Q2 2023+1.1%+0.6%+4.6%
Q1 2023-6.0%-4.0%-5.4%
Q4 2022-0.0%+3.8%-0.9%
Q3 2022-0.3%+2.7%+8.0%
Q2 2022+0.1%+1.5%-3.5%
Q1 2022-1.8%-3.8%+2.3%
Q4 2021-2.8%-5.0%+4.2%
Q3 2021+0.3%+1.0%-5.1%
Q2 2021-4.1%-1.8%+2.7%
Q1 2021+0.2%+1.2%+1.8%
Q4 2020+0.6%-1.7%+16.9%
Q3 2020+0.1%+1.5%-2.9%
Q2 2020-0.3%-3.3%-2.0%
Q1 2020+8.5%+0.6%+1.4%
Q4 2019+4.4%+0.6%-29.4%
Q3 2019-1.7%-0.7%-4.2%
Q2 2019-1.2%-7.2%+2.2%
Q1 2019-0.9%-3.6%-9.0%
Q4 2018+2.1%+3.4%+8.6%
Q3 2018-5.1%-7.9%-3.3%
Q2 2018-1.4%-0.5%-1.1%
Q1 2018-2.7%-3.0%+0.3%
Q4 2017-1.8%-0.4%-0.4%
Q3 2017-1.2%+0.5%+1.1%
Q2 2017+0.7%+1.3%+2.1%
Q1 2017-5.3%-4.0%-1.2%
Q4 2016+2.4%+2.2%+1.0%
Q3 2016-3.4%+0.6%+22.2%
Q2 2016+1.9%+2.9%+1.4%
Q1 2016+1.9%
Q4 2015-2.2%
Q3 2015-4.8%
Q2 2015+1.0%
Q1 2015-1.7%
Q4 2014+0.7%
Q3 2014+4.1%
Q2 2014-0.4%
Q1 2014+1.7%
Q4 2013+1.1%
Q3 2013+0.1%
Q2 2013-3.4%
Q1 2013-1.8%
Q4 2012+4.6%
Q3 2012+0.7%
Q2 2012-0.2%
Q1 2012-5.0%
Q1 2011-5.0%
Q4 2009-2.4%
Q3 2010-2.4%
Q4 2011-2.4%
Q3 2011-4.4%
Q4 2010+2.2%
Q2 2011+2.2%
Q2 2010+2.2%
Q1 2010+15.8%

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