JBS (JBS)
NYSE:JBS
Earnings Data
Report Date
May 19, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.23Last Year’s EPS
0.5Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and financial performance: record sales, solid adjusted EBITDA, strong returns (ROE 25%), improved liquidity and a conservative debt profile with long maturities. Regional highlights (Australia, Brazil) and brand momentum (Pilgrim’s Just Bare >$1B) underpin growth. However, near-term challenges remain material: U.S. beef supply tightness and volatility, working capital/deferred livestock timing effects, higher feed costs, and external trade/health and labor risks that can pressure margins and cash flow. On balance, the positives (record revenue, margin resilience, strong balance sheet and shareholder returns) outweigh the negatives, though risks warrant monitoring.Company Guidance
Record Revenue and Strong Full-Year Sales
Net sales reached a record $23.0 billion in Q4 and $86.0 billion for FY2025, representing company-record annual sales and 13% year-over-year growth for the year.
Solid Adjusted EBITDA and Margins
Adjusted EBITDA (IFRS) was $1.7 billion in Q4 (7.4% margin) and $6.8 billion for FY2025 (7.9% margin). U.S. GAAP adjusted EBITDA was $1.5 billion in Q4 (6.5% margin) and $5.8 billion for the year (6.7% margin).
Net Income and EPS Growth
Net income was $415 million in Q4 and $2.0 billion for FY2025, with reported EPS of $0.39 in Q4 and $1.89 for the year — net income grew ~15% year-over-year.
Improved Free Cash Flow and Cash Position
Free cash flow was $990 million in Q4 (up from $906 million in Q4 2024) and $400 million for FY2025. Cash balance of $4.8 billion and $3.5 billion in revolving credit lines provide liquidity flexibility.
Strong Returns and Disciplined Leverage
Return on equity was 25% and return on invested capital reported at 17%. Net debt/EBITDA leverage ended the year at 2.39x, within the company's 2.0–3.0x target band.
Robust Balance Sheet and Favorable Debt Profile
Average debt maturity approximately 15 years, average cost of debt ~5.7%, ~90% of debt fixed rate, and no significant maturities until 2031; ~32% of gross debt maturing beyond 2052.
Capital Allocation and Shareholder Returns
Announced $1.00 per-share dividend payable June 17 (consistent with ~$1 billion/year dividend target). Expansion CapEx executed at $1.1 billion in 2025 while maintaining shareholder returns.
Regional and Brand Momentum
Australia top-line grew ~30% YoY in Q4 with margin expansion; Brazil beef Q4 sales grew ~26% YoY and Brazil processed ~42 million heads (highest in history). Pilgrim's 'Just Bare' surpassed $1 billion in retail sales.
Improved Market Perception and Liquidity after Dual Listing
Dual-listing completed in 2025: average trading volume ~3x prior listing, U.S.-based investors now ~70% of free float, and market multiples expanded though still discount to global peers.
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 |
|---|---|---|---|
Mar 25, 2026 | $15.75 | $16.64 | +5.65% |
Nov 14, 2025 | $13.26 | $13.86 | +4.52% |
Aug 14, 2025 | $13.89 | $14.30 | +2.95% |
May 13, 2025 | $14.45 | $13.81 | -4.40% |
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 (JBS) report earnings?
JBS (JBS) is schdueled to report earning on May 19, 2026, After Close (Confirmed).
What is JBS (JBS) earnings time?
JBS (JBS) earnings time is at May 19, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JBS EPS forecast?
JBS EPS forecast for the fiscal quarter 2026 (Q1) is 0.23.