---
schema_version: "secwatch.filing_event.v1"
accession: "0000088121-24-000058"
form_type: "8-K"
ticker: "SEB"
cik: "0000088121"
company_name: "SEABOARD CORP /DE/"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:11:52.086069+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Seaboard reports Q1 net earnings of $22M vs year-ago loss; revenue down 12% to $2.19B

## Summary
- Revenue $2.19B, down from $2.50B YoY; operating loss narrowed to $20M from $63M.
- Net earnings $22M (EPS $22.66) vs prior-year net loss of $16M (EPS -$13.78).
- Average shares outstanding fell 16% to 971,055, implying buyback activity.
- Quarterly dividend maintained at $2.25/share, payable May 20 to holders of record May 10.

## SEC filing metadata
- accession: 0000088121-24-000058
- form_type: 8-K
- ticker: SEB
- cik: 0000088121
- company_name: SEABOARD CORP /DE/
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88121/000008812124000058/0000088121-24-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88121/000008812124000058/seb-20240430x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088121-24-000058
- JSON: https://secwatch.observer/filing/0000088121-24-000058.json
- Plain text: https://secwatch.observer/filing/0000088121-24-000058.txt

## Key facts
- Earnings Releases
  SEABOARD CORP /DE/ reported the three months ended March 30, 2024 results: revenue $ 2,191, net income $ 22, EPS $ 22.66.
  - Period: the three months ended March 30, 2024
  - Revenue: $ 2,191
  - Net income: $ 22
  - EPS: $ 22.66
  - Result: reported results
  source text: Net sales ​ $ 2,191 ​ $ 2,499 ​ Operating loss ​ $ (20) ​ $ (63) ​ Net earnings (loss) attributable to Seaboard ​ $ 22 ​ $ (16) ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings (loss) per common share ​ $ 22.66 ​ $ (13.78)
  evidence_url: https://www.sec.gov/Archives/edgar/data/88121/000008812124000058/0000088121-24-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.