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Dec 31, 2023
Seaboard Q4 2023 Earnings Report
Seaboard's earnings decreased in Q4 2023, with a net loss reported in operating income.
Key Takeaways
Seaboard Corporation reported a decrease in net sales and a loss in operating income for the quarter ended December 31, 2023. Net sales decreased to $2,282 million compared to $2,666 million in the same quarter of the previous year. The company experienced an operating loss of $87 million, a significant change from the $164 million operating income in Q4 2022. Net earnings attributable to Seaboard were $64 million, down from $223 million year-over-year.
Seaboard Corporation's net sales decreased to $2,282 million in Q4 2023 from $2,666 million in Q4 2022.
The company reported an operating loss of $87 million, compared to an operating income of $164 million in the same quarter last year.
Net earnings attributable to Seaboard decreased to $64 million from $223 million year-over-year.
Earnings per common share decreased to $64.67 from $192.11.
Seaboard
Seaboard
Forward Guidance
The earnings report does not contain any forward guidance.