Pilgrim's Pride Earnings: What To Look For From PPC

Chicken producer Pilgrim’s Pride (NASDAQ:PPC) will be announcing earnings results tomorrow after market close. Here’s what you need to know.

Pilgrim's Pride missed analysts’ revenue expectations by 6.1% last quarter, reporting revenues of $4.37 billion, down 3.5% year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ gross margin estimates.

Is Pilgrim's Pride a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Pilgrim's Pride’s revenue to grow 4% year on year to $4.54 billion, in line with the 4.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.34 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Pilgrim's Pride has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Pilgrim's Pride’s peers in the consumer staples segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Cal-Maine delivered year-on-year revenue growth of 102%, missing analysts’ expectations by 0.8%, and Lamb Weston reported revenues up 4.3%, topping estimates by 2.4%. Cal-Maine traded up 2% following the results while Lamb Weston was also up 9.1%.

Read our full analysis of Cal-Maine’s results here and Lamb Weston’s results here.

The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the consumer staples stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.4% on average over the last month. Pilgrim's Pride is down 1.5% during the same time and is heading into earnings with an average analyst price target of $49.57 (compared to the current share price of $53.68).

Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.