Smithfield Foods (NASDAQ:
SFD) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.47 by 21.28 percent. This is a 90 percent increase over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $3.77 billion which beat the analyst consensus estimate of $3.62 billion by 4.17 percent. This is a 9.49 percent increase over sales of $3.44 billion the same period last year.