Smithfield Foods Q4 EPS Exceeds Analyst Expectations

Smithfield Foods (NASDAQ: SFD) announced its fourth-quarter results, with revenue surpassing market expectations and showing an increase from the previous year. Earnings per share also exceeded forecasts, reflecting growth compared to a year earlier.

The company\’s adjusted earnings per share for the fourth quarter were $0.83, compared to $0.52 a year ago. Analysts had expected $0.68 per share.

Smithfield Foods reported fourth-quarter revenue of $4.23 billion, up from $3.95 billion a year earlier, exceeding the analyst estimate of $4.14 billion.

Segmental revenue for the fourth quarter included Packaged Meats at $2,563 million, Fresh Pork at $2,045 million, and Hog Production at $808 million.

The adjusted operating margin for the fourth quarter was 9.5 percent, while the adjusted EBITDA margin from continuing operations was 11.9 percent.

For the full year 2025, net sales reached $15.5 billion, reflecting an increase from the prior year. The operating margin was 8.3 percent, with an adjusted operating margin of 8.6 percent. The Packaged Meats segment reported an operating profit of $1,094 million, with an operating profit margin of 12.5 percent. The adjusted EBITDA margin from continuing operations was 10.8 percent.

Smithfield Foods declared a quarterly cash dividend of $0.3125 per share, payable on April 21, 2026, to shareholders of record on April 7, 2026.

The company provided its initial financial outlook for fiscal 2026, projecting an adjusted operating profit for the Packaged Meats segment between $1,100 million and $1,200 million, Fresh Pork segment between $200 million and $260 million, and Hog Production segment between $150 million and $200 million. The total company adjusted operating profit is expected to be between $1,325 million and $1,475 million.

Smithfield President and CEO Shane Smith stated, “Looking ahead to 2026, our objective is to again grow sales and profitability and we see a long runway ahead for future growth led by our flagship Packaged Meats segment and iconic brand portfolio. Our culture of continuous improvement enables us to drive efficiencies and continuously unlock value across our business. We are investing capital in a disciplined manner to support our growth strategies, generate attractive returns and build sustainable long-term value for our shareholders.”

In pre-market trading, shares of Smithfield Foods Inc (NASDAQ: SFD) are up 16.07 percent to $24.84, an increase of $3.44 from the previous close of $23.12.