Quarterly ResultMay 5, 2026, 04:14 PM
Seaboard Q1 Net Earnings $119M, EPS $124.24; Declares $2.25 Dividend
AI Summary
Seaboard Corporation reported strong earnings for the three months ended April 4, 2026, with net earnings attributable to Seaboard increasing significantly to $119 million from $32 million in the prior year. Operating income also saw a substantial rise to $96 million. Concurrently, the Board of Directors declared a quarterly cash dividend of $2.25 per share, consistent with the previous year.
Key Highlights
- Net earnings attributable to Seaboard increased to $119 million from $32 million year-over-year.
- Operating income rose to $96 million from $38 million in the prior year period.
- Earnings per common share surged to $124.24 from $32.95 year-over-year.
- Net sales increased to $2,400 million from $2,316 million year-over-year.
- Declared a quarterly cash dividend of $2.25 per common share.
- Dividend is payable on May 25, 2026, to stockholders of record on May 15, 2026.