JBS (OTCMKTS:JBSAY) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS

JBS (OTCMKTS:JBSAY) announced its quarterly earnings data on Tuesday. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01, Zacks reports. The company had revenue of $19.53 billion during the quarter, compared to analyst estimates of $18.67 billion. JBS had a net margin of 1.79% and a return on equity of 14.29%.

JBS Price Performance

Shares of JBSAY stock opened at $14.12 on Thursday. The stock has a market capitalization of $15.66 billion, a price-to-earnings ratio of 11.39 and a beta of 0.81. The company has a current ratio of 1.47, a quick ratio of 0.85 and a debt-to-equity ratio of 1.80. JBS has a twelve month low of $10.18 and a twelve month high of $18.02. The stock has a fifty day simple moving average of $14.37 and a two-hundred day simple moving average of $12.78.

JBS Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, January 12th. Shareholders of record on Monday, May 5th will be given a dividend of $0.6594 per share. This represents a yield of 10.07%. The ex-dividend date of this dividend is Friday, May 2nd. JBS’s dividend payout ratio (DPR) is presently 125.00%.

Wall Street Analyst Weigh In

Separately, Barclays reaffirmed an “overweight” rating on shares of JBS in a research report on Thursday, March 27th.

About JBS

JBS SA, together with its subsidiaries, engages in the processing of animal protein worldwide. The company trades in beef, pork, chicken, poultry, fish, and lamb products; cooked frozen meat; plant based products; and other food products. It produces and commercializes leather, steel cans, plastic resin, personal care and cleaning products, and collagen, as well as wet blue leather, semi-finished, and finished leather products.