Pilgrim's Pride (PPC) reported Q3 adjusted earnings late Wednesday of $1.63 per diluted share, up from $0.58 a year earlier.

Four analysts polled by Capital IQ expected $1.38.

Net sales for the quarter that ended Sept. 29 was $4.58 billion, up from $4.36 billion a year earlier.

Three analysts surveyed by Capital IQ expected $4.69 billion.

Shares of Pilgrim's Pride traded nearly 3% higher in after-hours activity.