JBS 3Q profit plunges 72% to $164M, US beef shows improvement
Published 1 d ago2 sourcesEvidence: Reported
JBS reported a 72% drop in Q3 profit to US$164 million, missing expectations, but noted improvement in US beef operations. Shares fell over 5%, though analysts see recovery ahead. The market reaction reflects near-term earnings disappointment, while the company's outlook suggests a potential rebound.
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