Jbs N.V. (JBS)
NYSE:JBS
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Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.35Last Year’s EPS
0.52Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: the company achieved record first-quarter net sales and maintained positive adjusted EBITDA, with strong margins in key platforms (Seara, Brazil, Australia), meaningful liquidity and strategic actions (debt refinancing, AI/automation scaling, SEC filings). However, significant near-term headwinds — most notably the large free cash flow deficit, a negative U.S. beef result (≈$230M EBITDA loss), an adjusted EBITDA decline of ~ $400M year-over-year, higher expansion CapEx and working capital timing effects — temper the positive items. Management emphasized operational adjustments, cost discipline and confidence in seasonal recovery later in the year but acknowledged 2026 will be more challenging than 2025. Overall, positives and negatives are roughly balanced: strong top-line and strategic positioning offset by material cash and segment-level pressures.Company Guidance
Record Quarterly Net Sales
Company reported record first-quarter net sales of roughly $21–22 billion, representing net sales growth of 11% year-over-year.
Positive Adjusted EBITDA and Profitability Metrics
Adjusted EBITDA (IFRS) was approximately $1.1 billion with a 5.2% margin; Adjusted EBITDA (U.S. GAAP) was $960 million with a 4.2% margin. Reported net income was ~$221–222 million (EPS $0.21) and adjusted net income excluding nonrecurring items was $241 million (EPS $0.23). Return on equity was 22% and return on invested capital 15%.
Strong Performance in Key Segments (Seara, Brazil, Australia)
Seara delivered an EBITDA margin of 15.5% supported by strong export demand and value-added growth. JBS Brazil reported an EBITDA margin of 4.5% (second-highest first-quarter margin in company history). Australia delivered a 7.1% margin with positive operational conditions (notably strong Queensland cattle conditions).
Balance Sheet & Liquidity Strengthening
Company issued $2.5 billion in bonds and executed a $1.45 billion tender offer, extending average debt maturity to ~15.6 years and achieving an average debt cost of ~5.7%. Net leverage ended at ~2.77x (within long-term 2x–3x target). Available liquidity included ~$3.4 billion in revolving credit lines and ~$3.5 billion in cash.
Strategic Investments in Automation, AI and Value-Added Capabilities
Management is scaling AI initiatives globally (piloted >1 year) to improve commercial and operational decision-making; Seara and other units are advancing automation and process improvements to increase productivity and expand higher value-added categories.
Proactive Commercial Responses to Trade Disruptions
In response to the China safeguard adjustments, JBS managed volumes within quota structures and developed alternative market channels (United States, Mexico, Indonesia) to preserve value and expand commercial footprint.
SEC Filings and Index Eligibility Initiative
Company announced voluntary 10-K/10-Q/8-K filings with the SEC prepared under IFRS (supplemented by U.S. GAAP indicators) to broaden eligibility for key U.S. indices (e.g., Russell, S&P family) and attract passive index flows.
JBS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
JBS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $14.14 | $13.60 | -3.80% |
Mar 25, 2026 | $14.58 | $15.40 | +5.65% |
Nov 14, 2025 | $12.28 | $12.83 | +4.52% |
Aug 14, 2025 | $12.86 | $13.24 | +2.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Jbs N.V. (JBS) report earnings?
Jbs N.V. (JBS) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Jbs N.V. (JBS) earnings time?
Jbs N.V. (JBS) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is JBS EPS forecast?
JBS EPS forecast for the fiscal quarter 2026 (Q2) is 0.35.