Analyst drops JBS expectations citing 'weakness across several businesses' November 4, 2026 The financial services firm Stephens Inc. sees signs of hope in JBS's troubled U.S. Beef segment but lowered its earnings target based on challenging conditions in other parts of the global protein conglomerate. In a note to investors ahead of JBS's third-quarter earnings report due after Monday's stock market closing, Stephens pointed to the recent turnabout for U.S. beefpackers, which may have been short-lived as a difficult rebuilding phase lies ahead for the shrunken cattle herd... "In U.S. Beef, we are encouraged by recent improvements in packer margins and company-specific efficiencies, but remain cautious on the potential for tighter cattle supplies further out," according to the note produced by lead analyst Pooran Sharma. Stephens lowered its third-quarter estimated EBITDA for JBS by nearly 12% - $178 million - to $1.342 billion, yet kept an "Overweight" rating and left the $17 target share price unchanged. The lowered expectations "reflect a challenging 3Q26 operating environment, with weakness across several businesses. In Brazil and Australia, China-related beef export quota disruptions should pressure results, although we view these headwinds as temporary as shipments likely resume against 2027 quotas."

JBS faces class action over 401(k) investment. September 24, 2026 JBS USA and its investment committee are facing a proposed class-action lawsuit alleging they violated federal law by retaining an underperforming investment option in the company's 401(k) plan, costing workers millions of dollars in retirement savings. Jerome Anthony Ziegler, a participant in the JBS 401(k) Savings Plan, filed the lawsuit... This content is for Meatingplace members only. MTG Block Content for Visitors

JBS reports net loss for Q2, high revenue marks overall. 12 Aug 2026 - JBS provided its latest earnings update with its fiscal second quarter results for 2026, as the company sees some solid numbers in certain sectors but still challenging marks with the difficulties of the cattle supply cycle in the United States. In the fiscal second quarter, ending June 30, 2026, net sales for the quarter increased by 14% to $29.3 billion compared to the second quarter of 2025. The company reported a net loss of $102 million compared to a net profit of $528 million in the same time last year. JBS North America Beef JBS' North American Beef segment reported net revenue of $7.77 billion during the quarter, up 14.2% from the same quarter in 2025. However, the analysis from JBS explained the difficult margins for the business in the North American market. In the near future, the United States is looking to help with its cattle numbers by reopening three ports of entry from Mexico. "Cattle from Mexico have represented about 5% of US slaughter, so restoring that flow is very meaningful for the industry," said Wesley Batista Filho, incoming global chief executive officer of JBS. "We also expect many of the first cattle crossing the border to be heavier than what they used to be prior to the border closure. That should allow them to reach slaughter weight much sooner than normal." Another part of the beef business changing during the last quarter is JBS' decision to close its processing plant in Souderton, Pa., and a case-ready facility in Memphis, Tenn.