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Dec 31, 2024
Seaboard Q4 2024 Earnings Report
Seaboard's net sales and operating income increased compared to the same period last year.
Key Takeaways
Seaboard Corporation reported net sales of $2.482 billion and net earnings attributable to Seaboard of $154 million for the quarter ended December 31, 2024. The company's Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock.
Net sales increased to $2.482 billion from $2.282 billion year-over-year.
Operating income was $114 million, a significant improvement from an $87 million loss in the same quarter last year.
Net earnings attributable to Seaboard reached $154 million, compared to $64 million in the prior year.
Earnings per common share were $158.58, up from $64.67 year-over-year.
Seaboard
Seaboard
Forward Guidance
Seaboard Corporation's Board of Directors has declared a quarterly cash dividend of $2.25 per share.