Smithfield Foods Ahead of Earnings

Published on Wednesday, 10 March 2010 11:26 Written by Danny Miller

New York, March 10th (TradersHuddle.com) - Shares of Smithfield Foods, Inc. (NYSE:SFD) are trading higher by +0.53% ahead of its quarterly earnings release. Smithfield Foods, fresh meat and packaged meat products maker is expected to release its quarterly results on March 11^th.

Wall Street Analysts consensus calls for a profit of $0.18 a share on $3.14 billion revenue.

Smithfield Foods estimates have a range of $0.27 a share. The high estimate calls for profit of $0.3 a share and the low estimate is calling for a profit of $0.03 a share, a year ago for the quarter the company reported $-0.38 a share.