Tyson Foods earnings miss estimates as pork, beef sales weaken

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Go back to Tyson Foods earnings miss estimates as pork, beef sales weaken

Tyson Foods (TSN) tops revenue estimates on strong consumer demand for protein

November 14, 2022 1:55 PM EST

Tyson Foods (NYSE: TSN) reported its fiscal fourth-quarter earnings results before the open on Monday, missing profit estimates but topping analyst expectations for revenue.

The company's shares are currently down over 1% at the time of writing, despite rising earlier in the session.

The Springdale, Arkansas-based company reported earnings of $1.63 per share, $0.07 worse than the analyst estimate of $1.70, with revenue coming in at $13.74 billion versus the consensus estimate of $13.47 billion.

The company's President and CEO, Donnie King, told investors... More