JBS third-quarter adjusted earnings per share plunge following China import restrictions
JBS JBS NV
$13.12 +5.13%
View chart & analysis → - 1JBS recorded adjusted earnings per share of 15 cents in the third quarter.
- 2The JBS Brazil segment saw a 54% decrease in adjusted EBITDA in the third quarter.
- 3The JBS US beef segment recorded an adjusted EBITDA loss of $2 million.
So what's the key point?
JBS third-quarter earnings per share fell to 15 cents due to import restrictions from China. Performance declined as profits decreased in the Brazil segment and losses occurred in the US beef segment.
Source Bloomberg · View original ↗
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