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Smithfield Foods Likely To Report Higher Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga03-24

Smithfield Foods, Inc. (NASDAQ:SFD) will release earnings for its fourth quarter before the opening bell on Tuesday, March 24.

Analysts expect quarterly earnings of 68 cents per share. That's up from 52 cents per share in the year-ago period. The consensus estimate for Smithfield Foods’ quarterly revenue is $4.15 billion; it reported $3.95 billion last year, according to Benzinga Pro.

On Feb. 16, Smithfield Foods initiated approval process for up to $1.3 billion state-of-the-art packaged meats and fresh pork processing facility in Sioux Falls, South Dakota.

Smithfield Foods shares gained 1.6% to close at $23.48 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • B of A Securities analyst Peter Galbo maintained a Buy rating and cut the price target from $30 to $28 on Oct. 8, 2025. This analyst has an accuracy rate of 55%.
  • Morgan Stanley analyst Dara Mohsenian maintained an Overweight rating and raised the price target from $29 to $30 on Aug. 13, 2025. This analyst has an accuracy rate of 70%.
  • Barclays analyst Benjamin Theurer maintained an Overweight rating and boosted the price target from $28 to $30 on Aug. 13, 2025. This analyst has an accuracy rate of 59%.
  • UBS analyst Manav Gupta maintained a Buy rating and increased the price target from $25 to $28.5 on Aug. 13, 2025. This analyst has an accuracy rate of 72%.
  • Goldman Sachs analyst Leah Jordan initiated coverage on the stock with a Buy rating and a price target of $32 on Feb. 24, 2025. This analyst has an accuracy rate of 61%.

Considering buying SFD stock? Here’s what analysts think:

Photo via Shutterstock

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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