Seaboard Corp. (SEB) on Wednesday reported a fourth-quarter loss of $91 million, after reporting a profit in the same period a year earlier.
The Merriam, Kansas-based company said it had a loss of $77.58 per share. Earnings, adjusted for non-recurring costs, were $26.66 per share.
The pork production, processing and ocean transportation company posted revenue of $1.66 billion in the period.
For the year, the company reported a loss of $17 million, or $14.61 per share, swinging to a loss in the period. Revenue was reported as $6.58 billion.
Seaboard shares have increased slightly more than 7 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $3,798.07, a drop of nearly 8 percent in the last 12 months.