Tyson Foods Swings To Profit In Q3; Backs FY24 Sales Outlook

RTTNews | 296 วันที่ผ่านมา
Tyson Foods Swings To Profit In Q3; Backs FY24 Sales Outlook

(RTTNews) - Tyson Foods, Inc. (TSN) reported Monday net income attributable to the company for the third quarter of $191 million or $0.54 per share, compared to a net loss of $417 million or $1.18 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter were $0.87 per share, compared to $0.15 per share in the year-ago quarter.

On average, eight analysts polled by Thomson Reuters expected the company to report earnings of $0.65 per share for the quarter. Analysts' estimates typically exclude special items.

Sales for the quarter increased 1.6 percent to $13.35 billion from $13.14 billion in the same quarter last year. Analysts expected revenue of $13.24 billion for the quarter.

Looking ahead to fiscal 2024, the company continues to project sales to be relatively flat with fiscal 2023 sales of $53.88 billion. The Street is looking for revenues of $53.03 billion for the year.

The company also expects capital expenditures between $1.2 billion and $1.3 billion for fiscal 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

แท็ก : TSN
read more
Tyson Foods Q4 Results Top Estimates

Tyson Foods Q4 Results Top Estimates

Meat processor Tyson Foods reported Tuesday a profit for the fourth quarter compared to a loss last year, reflecting improved margins and sales growth. Both adjusted earnings per share and quarterly sales topped analysts' expectations. However, the company provided weak sales guidance for the full-year 2025.
RTTNews | 197 วันที่ผ่านมา
Tyson Foods Slips To Loss In Q4; Guides FY24 Sales Below Estimates

Tyson Foods Slips To Loss In Q4; Guides FY24 Sales Below Estimates

Tyson Foods, Inc. (TSN) reported Monday a net loss attributable to the company for the fourth quarter of $450 million or $1.31 per share, compared to net income of $538 million or $1.50 per share in the prior-year quarter.
RTTNews | 562 วันที่ผ่านมา
Tyson Recalls Fully Cooked Chicken Fun Nuggets

Tyson Recalls Fully Cooked Chicken Fun Nuggets

Tyson Foods, Inc. is recalling around 29,819 pounds of frozen, fully cooked chicken "Fun Nuggets" sold to retailers for possible contamination with extraneous materials, specifically metal pieces, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS.
RTTNews | 569 วันที่ผ่านมา
Tyson Foods To Close 2 US Chicken Plants, Lay Off 1,700 Workers

Tyson Foods To Close 2 US Chicken Plants, Lay Off 1,700 Workers

Tyson Foods Inc. plans to close two poultry plants in the United States and lay off almost 1,700 employees on May 12, reports said. The current scale and inability to economically improve operations is said to have led to the decision to close the facilities. The plants in Van Buren, Arkansas and Glen Allen, Virginia will be closed as part of its cost saving measures.
RTTNews | 805 วันที่ผ่านมา
Tyson Foods Affirms FY22 Sales Outlook As Q2 Net Profit Edges Up

Tyson Foods Affirms FY22 Sales Outlook As Q2 Net Profit Edges Up

Tyson Foods, Inc. (TSN) reported Monday that its second-quarter net Income attributable to the company edged up $750 million or $2.07 per share from $749 million or $2.05 per share in the prior-year quarter.
RTTNews | 1024 วันที่ผ่านมา
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

Swiss stocks turned in a weak performance on Wednesday, losing ground gradually after opening marginally down, as uncertainty about U.S. government's trade policies rendered the mood cautious.
RTTNews | 1 ชม. 2 นาทีที่ผ่านมา
European Stocks Fail To Hold Early Gains, Close Broadly Lower

European Stocks Fail To Hold Early Gains, Close Broadly Lower

Despite opening on a positive note, European stocks closed broadly lower on Wednesday as investors largely made cautious moves, awaiting more clarity on U.S. President Donald Trump's tariff moves and other policy decisions.
RTTNews | 1 ชม. 31 นาทีที่ผ่านมา
Canadian Market Slightly Lower; BoM, National Bank Rise On Results

Canadian Market Slightly Lower; BoM, National Bank Rise On Results

The Canadian market is slightly down on Wednesday with stocks moving in a tight range as investors digest earnings updates from Bank of Montreal and National Bank of Canada, and await further developments on trade negotiations between the U.S. and its major trading partners.
RTTNews | 2 ชม. 9 นาทีที่ผ่านมา