Tyson Foods Reports First Quarter 2020 Results
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Tyson Foods (TSN) Tops Q1 EPS by 1c, Revenues Miss
February 6, 2020 7:31 AM ESTTyson Foods (NYSE: TSN) reported Q1 EPS of $1.66, $0.01 better than the analyst estimate of $1.65. Revenue for the quarter came in at $10.82 billion versus the consensus estimate of $11.04 billion.
First Quarter Highlights
GAAP EPS of $1.52, up 1% from prior year; Adjusted EPS of $1.66, up 5% from prior yearGAAP operating income of $826 million, up 2% from prior yearAdjusted operating income of $894 million, up 6% from prior yearTotal Company GAAP operating margin of 7.6%; Adjusted operating margin of 8.3%Record Beef GAAP operating margin of 10.7% and record Adjusted operating margin of 11.2%Sales growth of... More