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Posted Jul 29, 2020 5:23 pm MDT
Final Up to date Jul 29, 2020 at 5:30 pm MDT
GREELEY, Colo. (AP) _ Pilgrim’s Pleasure Corp. (PPC) on Wednesday reported a second-quarter lack of $6 million, after reporting a revenue in the identical interval a 12 months earlier.
The Greeley, Colorado-based firm mentioned it had a lack of 2 cents per share. Earnings, adjusted for non-recurring prices, have been lower than 1 cent on a per-share foundation.
The poultry producer posted income of $2.82 billion within the interval.
Pilgrim’s Pleasure shares have decreased 50% because the starting of the 12 months. Within the closing minutes of buying and selling on Wednesday, shares hit $16.21, a decline of 40% within the final 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on PPC at https://www.zacks.com/ap/PPC
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