JBS NV-A reported an adjusted EBITDA of $1.18 billion for the third quarter, missing the $1.32 billion analyst consensus. The global meatpacker faced a prolonged cattle shortage in United States that pressured profit margins.
JBS Sees Stronger US Beef in 2027 After Missing Profit
JBS reported a drop in third-quarter profit and revenue that missed analyst estimates. The meatpacker expects its US beef business to improve by 2027 as cattle supplies recover.
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