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SEABOARD CP
Symbol U : SEB
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Seaboard Corporation Report Of Earnings

2012-11-02 17:02 ET - News Release

SHAWNEE MISSION, Kan., Nov. 2, 2012 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE MKT symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas 66202, (the "Company"), for the three and nine months ended September 29, 2012 and October 1, 2011, in thousands of dollars except share and per share amounts.


Three Months Ended

Nine Months Ended


September 29,

October 1,

September 29,

October 1,


2012

2011

2012

2011






Net sales

$  1,479,416

$  1,476,718

$  4,461,122

$ 4,343,484

Net earnings attributable to Seaboard

$       74,422

$       36,560

$     206,728

$    266,910






Net earnings per common share

$         61.92

$         30.07

$       171.52

$      219.52

Average number of shares outstanding

1,201,974

1,215,863

1,205,239

1,215,874

 

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 the 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 income 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

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