Nov. 15 at 5:39 AM
$JBS - still trading for great value for a position on commons. Figured it would have already flown to the sky when I saw the overwhelmingly positive earnings + forward outlook that were released today:
$JBS: Record sales, resilient margins, and export growth drive strong Q3 performance and positive outlook
"Record Q3 net sales and strong global demand drove robust results, with all segments showing growth.
U.S. beef margins remain pressured by tight supply, while Brazil and Australia benefit from export demand. Leverage is stable, and expansion projects and lifted export bans support future growth."