Abstract
Pilgrims Pride will report its quarterly results on February 11, 2026 Post Market; this preview compiles the most recent forecasts and last quarter’s performance to outline the likely trajectory for revenue, margins, earnings, and analyst views.
Market Forecast
For the current quarter, Pilgrims Pride’s revenue is projected at USD 4.38 billion, with adjusted EPS estimated at USD 0.76 and EBIT at USD 0.27 billion; year-over-year, revenue is expected to decrease by 4.45%, adjusted EPS by 33.30%, and EBIT by 27.76%. The company’s gross profit margin and net profit margin outlook are inferred from segment mix and recent cost trends, while adjusted EPS is projected to moderate amid a softer pricing environment. The main business is anchored by fresh products, supported by prepared foods, with export and other lines as smaller contributors; prepared foods remain resilient on pricing and mix, while fresh volumes are steady. The most promising segment is prepared foods at USD 1.21 billion, which benefits from better margin capture and mix, although specific year-over-year data for this quarter’s forecast is not available.
Last Quarter Review
In the previous quarter, Pilgrims Pride recorded revenue of USD 4.76 billion, a gross profit margin of 13.85%, GAAP net profit attributable to the parent company of USD 0.34 billion, a net profit margin of 7.20%, and adjusted EPS of USD 1.52; year-over-year, revenue increased by 3.80%, while adjusted EPS declined by 6.75%. A notable highlight was adjusted EPS outperforming the prior consensus, supported by stronger-than-expected EBIT of USD 0.51 billion relative to estimates. Main business highlights included fresh products contributing USD 3.17 billion, prepared foods at USD 1.21 billion, exports at USD 0.27 billion, and other products at USD 0.11 billion, underscoring the importance of mix optimization within the portfolio.
Current Quarter Outlook
Fresh Products
Fresh products are the company’s largest revenue driver and reflect broad market demand for poultry across retail and foodservice. Pricing appears to be normalizing after prior periods of firm conditions, which could pressure revenue and margin on a year-over-year basis, consistent with the forecast decline in EPS and EBIT. Operational efficiency, live bird weights, and plant throughput will influence cost absorption and gross profit margin, while feed cost trends remain an important input to margin variability. Management focus on balanced supply and disciplined commercial execution helps mitigate volatility, but the headline revenue estimate points to a cautious setup for fresh products. The segment’s contribution—USD 3.17 billion last quarter—illustrates scale; sustaining margin near the 13.85% company gross margin would depend on cost containment and pricing support in retail programs.
Prepared Foods
Prepared foods show relative resilience thanks to value-added products, retail branded penetration, and consistent contract structures. Mix shifts toward higher-margin SKUs and ongoing productivity initiatives can provide a buffer to broader commodity softness in fresh products. Last quarter’s USD 1.21 billion revenue base demonstrates meaningful scale, and this segment is the clearest candidate for margin defense as revenue pressure emerges elsewhere. Prepared foods tend to benefit from pricing agility and promotional calibration, supporting EBIT despite volume fluctuations. For the quarter in view, the broader forecast of EPS decline suggests prepared foods’ margin improvement may only partially offset lower commodity-based profitability; however, its favorable mix continues to aid consolidated net profit margin stability.
Stock Price Drivers This Quarter
Stock performance will hinge on whether Pilgrims Pride can deliver on EBIT and EPS amid a forecasted revenue dip. The relationship between feed input costs and realized pricing will be closely watched, given the sensitivity of gross profit margin. Investors will also monitor export demand, particularly any shifts in international pricing or logistics that affect volumes. A demonstration of productivity and cost efficiencies can ease margin pressure and bolster adjusted EPS closer to expectations. Finally, any commentary on mix optimization—emphasizing prepared foods’ contribution—may shape sentiment as the market weighs near-term cyclicality against structural profitability improvements.
Analyst Opinions
The majority of recent institutional commentary skews cautiously positive, highlighting execution quality and mix improvements while acknowledging near-term margin pressures. Analysts emphasize that prepared foods’ pricing and product mix can help defend consolidated margins, and that last quarter’s EBIT and EPS performance over consensus supports confidence. Institutions expect Pilgrims Pride to navigate softer revenue with disciplined cost control, keeping adjusted EPS near the USD 0.76 forecast despite year-over-year declines. Sentiment leans constructive on the company’s ability to balance volumes in fresh products with margin capture in prepared foods, with the consensus view favoring stability rather than pronounced downside in the current quarter.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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