TSN Stock Recent News

Tyson Foods (TSN) Q3 2024 Earnings Call Transcript

Tyson Foods' (TSN) Q3 results reflect increased sales and earnings on continued operational momentum. Management raises the lower end of its adjusted operating income guidance range for fiscal 2024.

While the top- and bottom-line numbers for Tyson (TSN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Tyson Foods Inc (NYSE:TSN) gained on Monday morning after unveiling expectation-beating revenue and profit for the third quarter. Net sales climbed by 1.6% to $13.35 billion over the third quarter, the meat distributor said in results, beating analysts' estimates of $13.24 billion.

Tyson Foods (TSN) swung to a third-quarter profit Monday as sales increased in nearly all of the company's segments.

Tyson Foods (TSN) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.15 per share a year ago.

Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday as sales of meat products rebounded while lower grain prices reduced costs for animal feed.

Tyson Foods Inc.'s stock TSN was up by 2.5% in premarket trading on Monday after the meat producing giant beat analyst estimates for its third-quarter profit and revenue. Tyson said it swung to third-quarter net income of $191 million, or 54 cents a share, from a loss of $417 million, or $1.18 a share, in the year-ago quarter. Adjusted profit of 87 cents a share in the latest quarter beat the FactSet consensus estimate of 67 cents a share. Revenue climbed to $13.36 billion from $13.14 billion in the year-ago period, and came in ahead of the analyst estimate of $13.21 billion. Chief Executive Donnie King said the company's...

Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.

Continued Operational Momentum Drives Year-Over-Year Profitability Improvement Continued Operational Momentum Drives Year-Over-Year Profitability Improvement