JBS (OTCMKTS:JBSAY) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

JBS (OTCMKTS:JBSAY) posted its earnings results on Tuesday. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.01, Zacks reports. JBS had a return on equity of 14.29% and a net margin of 1.79%. The company had revenue of $19.53 billion for the quarter, compared to the consensus estimate of $18.67 billion.

JBS Trading Down 4.4%

Shares of OTCMKTS JBSAY opened at $14.12 on Thursday. JBS has a fifty-two week low of $10.18 and a fifty-two week high of $18.02. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.85 and a current ratio of 1.47. The company has a market cap of $15.66 billion, a price-to-earnings ratio of 11.39 and a beta of 0.81. The business’s 50 day moving average price is $14.37 and its 200-day moving average price is $12.78.

JBS Cuts Dividend

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

Wall Street Analysts Forecast Growth

Separately, Barclays reaffirmed an “overweight” rating on shares of JBS in a research note 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.