Tyson Foods Reports Strong Fourth Quarter and Fiscal 2020 Results
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Tyson Foods (TSN) Tops Q4 EPS by 62c
November 16, 2020 7:42 AM ESTTyson Foods (NYSE: TSN) reported Q4 EPS of $1.81, $0.62 better than the analyst estimate of $1.19. Revenue for the quarter came in at $11.46 billion versus the consensus estimate of $11.01 billion.
Outlook:
For fiscal 2021, USDA indicates domestic protein production (beef, pork, chicken and turkey) should increase approximately 1% from fiscal 2020 levels. The following is a summary of the outlook for each of our segments, as well as an outlook for revenues, capital expenditures, net interest expense, liquidity, tax rate and dividends for fiscal 2021. On an adjusted basis, we anticipate the Beef and Pork... More
