Seaboard 2nd Quarter Earnings

Steven Rains - July 31, 2019 9:28 pm

Seaboard Corp. (SEB) on Wednesday reported second-quarter net income of $58 million.

The Merriam, Kansas-based company said it had profit of $50.13 per share.

The pork production, processing and ocean transportation company posted revenue of $1.82 billion in the period.

Seaboard shares have risen 15% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $4,081.64, a rise of 12% in the last 12 months.

 

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