In a press release dated November10th multinational JBS SA (JBSAY) announced results for the 3rd Quarter ending October 30th
The following table summarizes the results for the period compared with the values for the corresponding quarter of the previous fiscal year (Values expressed as US$ x 1,000 except EPS. Conversion US$1= BRL 5.27)
|
3rd Quarter Ending October 30th
|
2021
|
2020
|
Difference (%)
|
|
Sales:
|
$17,609,376
|
$13,323,403
|
+32.3
|
|
Gross profit:
|
$3,663,656
|
$2,243,032
|
+63.3
|
|
Operating income:
|
$2,070,722
|
$955,270
|
+116.8
|
|
Pre-tax Income
Net Income
|
$1,866,334
$1,454,356
|
$756,033
$603,086
|
+146.8
+141.2
|
|
Diluted earnings per share:
|
$0.57
|
$0.22
|
+159.1
|
|
Gross Margin (%)
|
20.8
|
16.8
|
+23.8
|
|
Operating Margin (%)
|
11.8
|
7.2
|
+63.9
|
|
Profit Margin (%)
|
8.3
|
4.5
|
+84.4
|
|
Long-term Debt and leases:
Oct. 30 2021/Dec. 30 2020
|
$15,295,378
|
$12,695,649
|
+20.5
|
|
12 Months Trailing:
|
|
|
|
|
Return on Assets (%)
|
8.4
|
|
|
|
Return on Equity (%)
|
32.0
|
|
|
|
Operating Margin (%)
|
7.3
|
|
|
|
Profit Margin (%)
|
4.4
|
|
|
|
Total Assets Oct. 30 2021/Dec. 30 2020
|
$37,267,459
|
$31,081,937
|
+19.9
|
|
Intraday Market Capitalization
|
$17,060,000
|
|
|
52-Week Range in Share Price: $7.66 to $14.50 50-day Moving average $13.55
Market Close Pre-release Wednesday November 9th $13.77
Close Post-release Thursday November 10th $14.15
Forward P/E 13.7 Beta 0.3
Performance of subsidiaries:-
JBS USA Beef: Revenue $7.34B EBITDA $1.60B with margin of 21.8 percent
JBS USA Pork: Revenue $2.07B EBITDA $0.23B with margin of 10.8 percent
Pilgrim’s Pride: Revenue $3.80B EBITDA $0.46B with Margin of 11.8 percent
SEARA: Revenue $1.82B EBITDA $0.19B with Margin of 10.2 percent
JBS Brazil: Revenue $2.90B EBITDA $0.18B with Margin of 6.1 percent