Tyson Foods Reports Fourth Quarter And Fiscal 2024 Results

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Barclays Reiterates Overweight Rating on Tyson (TSN)

November 12, 2024 4:28 PM EST

Barclays analyst Benjamin Theuer reiterated an Overweight rating and $76.00 price target on Tyson (NYSE: TSN).

The analyst comments "Tyson reported stronger-than-expected results for 4FQ24 and anticipates continued growth into FY25. We remain OW with a $76 price target, expecting the company's Chicken operations to outperform the outlook and drive consolidated operating income growth amid higher marketing costs. Focus on the Go-Forward: After a strong recovery year... More

Tyson Foods (TSN) Tops Q4 EPS by 21c

November 12, 2024 7:33 AM EST

Tyson Foods (NYSE: TSN) reported Q4 EPS of $0.92, $0.21 better than the analyst estimate of $0.71. Revenue for the quarter came in at $13.57 billion versus the consensus estimate of $13.43 billion.

OUTLOOK:

Revenue
We expect sales to be down 1% to flat in fiscal... More