March 28, 2019 / 11:33 PM / 3 months ago

RPT-Brazil's JBS swings to profit in Q4 but misses estimates

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SAO PAULO, March 28 (Reuters) - Brazil's JBS SA posted fourth-quarter results that missed analysts' estimates as challenges at its chicken and pork businesses in the United States weighed, according to a securities filing on Thursday.

The meat giant, which has significant operations in the United States aside from Brazil and Australia, reported a net profit of 563.2 million reais ($144.43 million) in the period, reversing a 451.7 million reais loss in the fourth quarter of 2017 but missing a 1.767 billion real gain from a Refinitiv IBES consensus estimate. (Reporting by Ana Mano; Editing by Sandra Maler)

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