March 26 (Reuters) - Shares in Brazilian meatpacker JBS JBS.N rise about 6% after fourth-quarter results, hitting their highest price level since August.
Analysts stress better than expected figures for adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) and for JBS' North American beef division.
"The main positive surprise" stems from the beef operation in the U.S., analysts at BTG Pactual write in a report.
Itau BBA analysts say JBS had solid figures in its Brazilian poultry unit Seara and in its U.S. beef business, "reinforcing the company’s relative resilience during 2025."
JBS shares were last up 5.7% to about $16.6 per share in mid-afternoon; Brazil equities benchmark Bovespa .BVSP falls 1.4% while the three main stock indexes in the U.S. are down 1% to 2%.
Shares in JBS rose some $16.7 in the session, the highest intraday level since August 27, 2025.