Brazil’s JBS SA, a global leader in meat production, cut net profit in the third quarter of 2025, but revenue growth exceeded market forecasts.
The company reported net income of $644.1 million, or 52 cents per share, in the July-September period, compared with $756.6 million, or 62 cents per share, in the same period last year.
Revenue rose 13% to $22.6bn.
Analysts surveyed by FactSet expected the company to post earnings of 50 cents per share and revenue of $21.96 billion.
Earlier this year, JBS reorganised, with JBS NV, registered in the Netherlands, becoming the parent company. That company floated shares on the New York Stock Exchange in June. In additional trading on Thursday these securities rose by 0.8%.