Tyson Foods(TSN)
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Tyson Foods(TSN) - 2024 Q2 - Earnings Call Transcript
2024-05-06 16:32
You know, the first half of the year, prepared foods delivered $500 million in AOI, and you also know that profit delivery in the second half of the year has historically been lower than the first half, and we expect this year to be the same. Therefore, the midpoint of our second half guidance is $400 million, and I also want to point out that historically Q3 has performed better than Q4, but weÂ're seeing higher commodity costs in Q3, so we expect a pretty even split between the two quarters. Peter Galbo G ...
Tyson Foods (TSN) Q2 Earnings Top Estimates Despite Lower Sales
Zacks Investment Research· 2024-05-06 15:26
Tyson Foods, Inc. (TSN) posted second-quarter fiscal 2024 results, wherein the top line declined year over year and fell short of the Zacks Consensus Estimate. However, the bottom line reverted to growth and easily surpassed the consensus mark. Management raised its adjusted operating income guidance range for fiscal 2024.Tyson Foods sustained its positive momentum in the quarter while advancing its key initiatives. The strategies in place are yielding tangible results, as reflected in year-over-year bottom ...
Tyson (TSN) Reports Q2 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-06 14:31
For the quarter ended March 2024, Tyson Foods (TSN) reported revenue of $13.07 billion, down 0.5% over the same period last year. EPS came in at $0.62, compared to -$0.04 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $13.13 billion, representing a surprise of -0.46%. The company delivered an EPS surprise of +77.14%, with the consensus EPS estimate being $0.35.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...
Tyson Foods (TSN) Q2 Earnings Beat Estimates
Zacks Investment Research· 2024-05-06 13:41
Tyson Foods (TSN) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 77.14%. A quarter ago, it was expected that this meat producer would post earnings of $0.42 per share when it actually produced earnings of $0.69, delivering a surprise of 64.29%.Over the last four quarters, the company has ...
Tyson Foods(TSN) - 2024 Q2 - Quarterly Report
2024-05-06 11:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to 001-14704 (Commission File Number) ______________________________________________ TYSON FOODS, INC. (Exact name of registrant as specified in its charter) ___________ ...
Tyson Foods(TSN) - 2024 Q2 - Quarterly Results
2024-05-06 11:31
TYSON FOODS REPORTS SECOND QUARTER 2024 RESULTS Year-Over-Year Growth in Operating Income Highlights Progress on Strategic Initiatives Springdale, Arkansas – May 6, 2024 – Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results: (in millions, except per share data) Second Quarter Six Months Ended 2024 2023 2024 202 ...
Tyson Foods To Participate in 19th Annual BMO Global Farm to Market Conference
Newsfilter· 2024-05-02 20:15
SPRINGDALE, Ark., May 02, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN) announced today that management will participate in the 19th Annual BMO Global Farm to Market Conference on May 15, 2024 in New York City. The fireside chat with Donnie King, president & CEO, and John R. Tyson, executive vice president & CFO, will begin at approximately 8:00 a.m. Eastern Time and will be available via a live webcast. The webcast link, replay, and other information can be accessed on the company's investor relati ...
Seeking Clues to Tyson (TSN) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-05-01 14:21
Analysts on Wall Street project that Tyson Foods (TSN) will announce quarterly earnings of $0.35 per share in its forthcoming report, representing an increase of 975% year over year. Revenues are projected to reach $13.13 billion, indicating no change compared to the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 1.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initi ...
Tyson Foods (TSN) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-04-29 23:16
Tyson Foods (TSN) closed the latest trading day at $60.96, indicating a +0.54% change from the previous session's end. This change outpaced the S&P 500's 0.32% gain on the day. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.35%.Shares of the meat producer have appreciated by 3.24% over the course of the past month, outperforming the Consumer Staples sector's loss of 0.5% and the S&P 500's loss of 2%.Market participants will be closely following the financial results of Tyson Foods ...
Tyson Foods (TSN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-04-29 15:06
Tyson Foods (TSN) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 6, 2024, might help the stock move higher if these key numbers are better than expectat ...