By Samiat Mar, 25, 2025 Featured

Smithfield Foods Stock Climbs After First Earnings Report Since IPO

Smithfield Foods (SFD) shares rose in premarket trading Tuesday after the company posted its first quarterly earnings since going public.

The pork giant reported a fourth-quarter profit of $211 million on $3.95 billion in revenue, aligning with its pre-IPO forecast of $195 million to $223 million in net income. This marks a turnaround from the previous year, when Smithfield posted a $131 million loss on $4 billion in sales.

For 2025, the company projects an adjusted operating profit between $1.1 billion and $1.3 billion, up from $1.02 billion in 2024. Sales are expected to grow in the low- to mid-single digits from last year’s $14.14 billion.

Smithfield, the largest pork producer in the U.S., was previously a publicly traded company before being acquired by China-based WH Group for $4.87 billion in 2013. WH Group still holds a 90% stake following Smithfield’s recent IPO.

Smithfield’s stock gained 3.5% after the earnings report and was up about 3% on Monday after being added to the Russell 1000 index.

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