Barclays Reiterates Overweight Rating on Tyson (TSN)
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Tyson Foods (TSN) Tops Q4 EPS by 21c
November 12, 2024 7:33 AM ESTTyson 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
Tyson Foods profit tops estimates on improving chicken business, shares jump 9%
November 12, 2024 7:31 AM ESTBy Heather Schlitz and Neil J Kanatt
(Reuters) -Tyson Foods beat Wall Street expectations for fourth-quarter profit on Tuesday and said its rebounding chicken business would limit fallout from ongoing struggles in its beef division over the coming year, sending shares soaring nearly 9%.
After struggling in recent quarters to match supply to demand and shuttering multiple chicken plants last year, Tyson executives said its chicken business benefited from low feed costs and increased plant efficiency.
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