Tyson Foods Off to Best Start in Company History

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RBC Raises Estimates on Tyson Foods (TSN), Reiterates Sector Perform

February 7, 2017 6:20 AM EST

RBC Capital Markets analyst David Palmer maintains Sector Perform rating and $68.00 price target on Tyson Foods (NYSE: TSN), despite increasing the companys estimates due to strong margins.

Palmer comments, "We raise our estimates following a strong fiscal Q1 earnings beat. Our higher estimates... More

Tyson Foods (TSN) Tops Q1 EPS by 33c; Guides Above the Street

February 6, 2017 7:31 AM EST

Tyson Foods (NYSE: TSN) reported Q1 EPS of $1.59, $0.33 better than the analyst estimate of $1.26. Revenue for the quarter came in at $9.18 billion versus the consensus estimate of $9.04 billion.

GUIDANCE:

Tyson Foods sees FY2017 EPS of $4.90-$5.05, versus the consensus of $4.83.

"The year is off to the best start in company history with record... More