JBS Misses Profit Estimates Despite Improved US Beef Results
JBS reported a worse-than-expected profit decline in the third quarter, despite operational improvement in its US beef business.
By Roberto Samora and Andre RomaniBrazil's JBS NYSE:JBS, the world's largest meatpacker, posted on Monday a worse-than-expected profit decline in the third quarter, despite operational improvement in its US beef business.Adjusted earnings before interest, taxes, depreciation and amortization (EBITD…