SHAWNEE MISSION, Kan.,
Nov. 8, 2011 /PRNewswire/ -- The
following is a report of earnings for Seaboard Corporation (NYSE
Amex symbol: SEB) with offices at 9000 West 67th Street,
Shawnee Mission, Kansas 66202,
(the "Company"), for the three and nine months ended October 1, 2011 and October 2, 2010, in thousands of dollars except
share and per share amounts.
|
|
Three Months
Ended
|
|
Nine Months
Ended
|
|
|
|
October
1,
|
|
October
2,
|
|
October
1,
|
|
October
2,
|
|
|
|
2011
|
|
2010
|
|
2011
|
|
2010
|
|
|
Net sales
|
$
|
1,476,718
|
$
|
1,111,813
|
$
|
4,343,484
|
$
|
3,180,552
|
|
|
Net earnings attributable to Seaboard
|
$
|
36,560
|
$
|
39,869
|
$
|
266,910
|
$
|
180,251
|
|
|
|
|
|
|
|
|
|
|
|
|
Net earnings per common
share
|
$
|
30.07
|
$
|
32.74
|
$
|
219.52
|
$
|
146.93
|
|
|
Average number of shares outstanding
|
|
1,215,863
|
|
1,217,828
|
|
1,215,874
|
|
1,226,780
|
|
|
|
|
|
|
|
|
|
|
Notes to Report of Earnings:
Included in net earnings attributable to Seaboard for the three
and nine months ended October 1, 2011
is a gain on sale of power generating facilities in the amount of
$1,500,000 and $52,923,000 or $1.23 and $43.53
per share, respectively. There was no tax expense on this
transaction.
Seaboard Corporation today filed its Quarterly Report on Form
10-Q with the United States Securities and Exchange Commission.
Seaboard has provided access to the Quarterly Report on Form
10-Q on its website at
http://www.seaboardcorp.com/investor-sec.aspx.
SOURCE Seaboard Corporation