Welcome to our dedicated page for Seaboard news (Ticker: SEB), a resource for investors and traders seeking the latest updates and insights on Seaboard stock.
Seaboard Corp (SEB) is a globally diversified agribusiness and transportation leader with operations spanning pork production, commodity trading, and marine shipping. This news hub provides investors and industry professionals with centralized access to official corporate announcements and market-moving developments.
Find timely updates across SEB's core operations including agricultural processing milestones, shipping logistics expansions, and international market entries. The curated collection features earnings disclosures, strategic partnership announcements, and operational updates from SEB's vertically integrated supply chain.
Content spans financial filings, regulatory updates, and operational reports across SEB's key divisions: protein production, commodity merchandising, marine transportation, and power generation. Users can track developments in domestic pork processing, Caribbean shipping routes, and global commodity markets through verified primary sources.
Bookmark this page for streamlined monitoring of SEB's multifaceted operations. Combine regular visits with portfolio tracking tools to maintain informed perspectives on this unique agribusiness-transportation hybrid.
Seaboard (NYSE American: SEB) has released its earnings report for Q4 and full-year 2024. The company reported Q4 net sales of $2.48 billion, up from $2.28 billion in Q4 2023, and operating income of $114 million compared to a loss of $87 million in the same period last year. Q4 net earnings were $154 million ($158.58 per share), up from $64 million ($64.67 per share) in Q4 2023.
For the full year 2024, net sales decreased to $9.1 billion from $9.56 billion in 2023, while operating income improved to $156 million from a loss of $87 million. Annual net earnings declined to $88 million ($90.62 per share) from $226 million ($202.21 per share) in 2023. The Board declared a quarterly cash dividend of $2.25 per share, payable March 6, 2025, to stockholders of record as of February 24, 2025.
Marti Technologies (NYSE American: MRT), Türkiye's leading mobility super app, has appointed Deniz Terlemez as Interim Chief Financial Officer, effective November 1, 2024, succeeding Oguz Erkan. Terlemez, previously serving as Finance Director, brings over 15 years of executive finance experience. His background includes roles at Reef Technology as Senior Finance Manager, Vestel Companies as Group Reporting and Audit Manager, and Seaboard as Financial Controller. The transition comes as the company continues to scale its ride-hailing business monetization efforts, building upon the infrastructure established under Erkan's leadership.
Seaboard (SEB) reported financial results for Q3 2024, showing a decline in performance. Net sales decreased to $2,218 million from $2,388 million in Q3 2023. The company recorded a net loss of $149 million compared to net earnings of $126 million in the same period last year. Operating income fell to $32 million from $67 million. The results were significantly impacted by a $176 million valuation allowance on U.S. deferred tax assets. The company maintained its quarterly dividend at $2.25 per share, payable on November 18, 2024.
Seaboard (NYSE American: SEB) reported its earnings for Q2 2024 and H1 2024. Net sales for Q2 2024 were $2,209 million, down from $2,393 million in Q2 2023. Operating income improved to $30 million in Q2 2024 from a loss of $4 million in Q2 2023. Net earnings attributable to Seaboard increased to $61 million in Q2 2024 from $52 million in Q2 2023. Earnings per share rose to $62.82 in Q2 2024 from $44.80 in Q2 2023. The company declared a quarterly cash dividend of $2.25 per share, payable on August 19, 2024, to stockholders of record as of August 9, 2024.
Seaboard (NYSE American: SEB) reported earnings for Q1 2024, with net sales at $2.191 million, an operating loss of $20 million, and net earnings of $22 million. Earnings per share were $22.66, with a decrease in shares outstanding. The company declared a quarterly dividend of $2.25 per share.
