Previous close | 21.90 |
Open | 21.92 |
Bid | 21.36 x 0 |
Ask | 21.65 x 0 |
Day's range | 21.33 - 21.95 |
52-week range | 15.12 - 25.33 |
Volume | |
Avg. volume | 5,986,452 |
Market cap | 47.69B |
Beta (5Y monthly) | 0.23 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.45 |
Earnings date | 14 May 2024 |
Forward dividend & yield | 2.00 (9.13%) |
Ex-dividend date | 23 Jun 2023 |
1y target est | 30.07 |
Brazilian meat-packer JBS SA expects margins of its Seara processed foods maker in Brazil to reach double digits in the first weeks of 2024, citing operational improvements designed to shore up the unit, executives said on Wednesday. JBS, which released financial results on Tuesday that were below analysts expectations, said Seara and the U.S. beef division presented the biggest challenges for the company last year, when it lost about 1 billion reais ($200.57 million) compared with a 15.457 billion real annual profit ($3.10 billion) in 2022. JBS shares dropped about 3% in early trading after the results, which were also negatively affected by global poultry oversupplies and high grain prices, especially in the first half of 2023.
(Bloomberg) -- Brazilian billionaire brothers Joesley and Wesley Batista were named to the board of JBS SA, paving the way for their return to the family’s meat empire after years of absence following a massive corruption scandal.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleBiden Gains Ground Against Trump in Six Key States, Poll ShowsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990Trump Vows to Pay Fraud Trial Bond Cut b
Brazilian meatpacker JBS proposed on Tuesday that brothers Wesley and Joesley Batista, the company's controlling shareholders, be elected board members at a shareholders' meeting scheduled for April. JBS proposed that the brothers would fill two new seats on the board. The move would mark the return of the Batista brothers, both of whom formerly served as chief executives and board members at JBS.