SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION

Rhea-AI Summary

Seaboard Corporation (NYSE American: SEB) has released its earnings report for Q1 2025, showing improved financial performance. The company reported net sales of $2,316 million for the three months ended March 29, 2025, up from $2,191 million in the same period last year.

Key financial highlights:

• Operating income improved to $38 million, compared to a loss of $20 million in Q1 2024
• Net earnings increased to $32 million from $22 million year-over-year
• Earnings per share rose to $32.95 from $22.66
• Total shares outstanding remained stable at 971,055

The Board of Directors has declared a quarterly cash dividend of $2.25 per share, maintaining the same dividend level as the previous year. The dividend will be paid on May 19, 2025, to stockholders of record as of May 8, 2025. The company has filed its Quarterly Report on Form 10-Q with the SEC, which is accessible through their investor relations website.

Positive

• Net sales increased to $2,316M in Q1 2025 from $2,191M in Q1 2024, showing 5.7% growth
• Operating income improved significantly to $38M profit in Q1 2025 from $20M loss in Q1 2024
• Net earnings rose 45.5% to $32M in Q1 2025 from $22M in Q1 2024
• Earnings per share increased to $32.95 from $22.66, representing a 45.4% improvement
• Maintained consistent quarterly dividend of $2.25 per share

Negative

• None.

News Market Reaction

+2.27%

1 alert

+2.27% News Effect

On the day this news was published, SEB gained 2.27%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

MERRIAM, Kan., April 28, 2025 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE American symbol: SEB), with offices at 9000 West 67^th Street, Merriam, Kansas, for the three months ended March 29, 2025 and March 30, 2024, in millions of dollars except share and per share amounts.

		Three Months Ended
		March 29,			March 30,
		2025			2024
Net sales		$	2,316		$	2,191
Operating income (loss)		$	38		$	(20)
Net earnings attributable to Seaboard		$	32		$	22
Earnings per common share		$	32.95		$	22.66
Average number of shares outstanding			971,055			971,055
Dividends declared per common share		$	2.25		$	2.25

Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard Corporation has provided access to the Quarterly Report on Form 10-Q on its website at https://www.seaboardcorp.com/investors.

Also, Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock. The dividend is payable on May 19, 2025 to stockholders of record at the close of business on May 8, 2025.

View original content:https://www.prnewswire.com/news-releases/seaboard-corporation-report-of-earnings-and-dividend-declaration-302440190.html

SOURCE Seaboard Corporation

FAQ

What is Seaboard (SEB) Q1 2025 earnings per share?

Seaboard (SEB) reported earnings of $32.95 per share for Q1 2025, compared to $22.66 per share in Q1 2024, showing a significant improvement in performance.

How much dividend will Seaboard (SEB) pay in May 2025?

Seaboard (SEB) will pay a quarterly cash dividend of $2.25 per share on May 19, 2025, to stockholders of record as of May 8, 2025.

What are Seaboard's (SEB) net sales for Q1 2025?

Seaboard (SEB) reported net sales of $2,316 million for Q1 2025, up from $2,191 million in Q1 2024.

Did Seaboard (SEB) turn profitable in Q1 2025?

Yes, Seaboard (SEB) turned profitable with an operating income of $38 million in Q1 2025, compared to an operating loss of $20 million in Q1 2024.

What is Seaboard's (SEB) total net earnings for Q1 2025?

Seaboard (SEB) reported net earnings attributable to Seaboard of $32 million for Q1 2025, an increase from $22 million in Q1 2024.