Seaboard Corporation Report Of Earnings

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Aug 07, 2012, 05:09 ET

SHAWNEE MISSION, Kan., Aug. 7, 2012 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE MKT symbol: SEB) with offices at 9000 West 67^th Street, Shawnee Mission, Kansas 66202, (the "Company"), for the three and six months ended June 30, 2012 and July 2, 2011, in thousands of dollars except share and per share amounts.


	Three Months Ended		Six Months Ended
	June 30,	July 2,	June 30,	July 2,
	2012	2011	2012	2011
Net sales	$ 1,510,593	$ 1,398,587	$ 2,981,706	$ 2,866,766
Net earnings attributable to Seaboard	$ 50,097	$ 113,486	$ 132,306	$ 230,350

Net earnings per common share	$ 41.58	$ 93.34	$ 109.63	$ 189.45
Average number of shares outstanding	1,204,837	1,215,879	1,206,871	1,215,879

Notes to Report of Earnings:

Included in net earnings attributable to Seaboard for the three and six months ended July 2, 2011 is a gain on sale of power generating facilities in the amount of $51,423,000, or $42.29 share. There was no 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