MERRIAM, Kan. (AP) _ Seaboard Corp. (SEB) on Tuesday reported first-quarter net income of $179 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Merriam, Kansas-based company said it had profit of $154.03.

The pork production, processing and ocean transportation company posted revenue of $2.06 billion in the period.

Seaboard shares have risen 23% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $3,722.81, a climb of 28% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SEB at https://www.zacks.com/ap/SEB

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News