Strong Third Quarter Positions Tyson Foods for Record Year
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Tyson (TSN) PT Raised to $70 at RBC Capital; Reiterates Sector Perform
August 8, 2017 7:35 AM EDTRBC Capital raised its price target on Tyson (NYSE: TSN) to $70.00 (from $68.00) while maintaining a Sector Perform rating. The company recovered more quickly than expected from F2Q's pizza-topping facility disruption and is also benefiting from increasing animal supplies and rising export demand.
Analyst... More
Tyson (TSN) PT Raised to $76 at Mizuho Securities Following 3Q
August 7, 2017 4:52 PM EDTMizuho Securities raised its price target on Tyson (NYSE: TSN) to $76.00 (from $71.00) while maintaining a Buy rating. Pork margins at 10.3% were in line, beef margins of 3.7% missed slightly (3.8% estimate). Analyst Jeremy Scott currently expects pork margins to decline sequentially to ~8% in 4Q17.
Management... More
Tyson Foods (TSN) Tops Q3 EPS by 3c, Sales Beat
August 7, 2017 7:31 AM EDTTyson Foods (NYSE: TSN) reported Q3 EPS of $1.21, $0.03 better than the analyst estimate of $1.18. Revenue for the quarter came in at $9.85 billion versus the consensus estimate of $9.48 billion.
GUIDANCE:
Tyson Foods sees FY2017 EPS of $4.95-$5.05, versus the consensus of... More
