Seeking Clues to Tyson (TSN) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
Tyson FoodsTyson Foods(US:TSN) ZACKS·2024-07-31 14:20

Core Insights - Tyson Foods (TSN) is expected to report quarterly earnings of $0.61 per share, a significant increase of 306.7% year-over-year, with revenues projected at $13.17 billion, reflecting a slight increase of 0.2% compared to the previous year [1]. Sales Projections - The consensus estimate for 'Sales- Beef' is $4.76 billion, indicating a year-over-year decline of 3.9% [3]. - 'Sales- Pork' is forecasted to reach $1.42 billion, representing a year-over-year increase of 7.5% [4]. - 'Sales- Chicken' is projected at $4.21 billion, showing no change from the same quarter last year [6]. - 'Sales- Prepared Foods' is expected to be $2.46 billion, reflecting a year-over-year increase of 3% [7]. - 'Sales- International/Other' is estimated to reach $672.57 million, indicating a year-over-year increase of 6.3% [11]. Operating Income Estimates - The 'Adjusted Operating Income (Loss)- Prepared Foods' is projected to be $207.96 million, down from $220 million in the previous year [8]. - The 'Adjusted Operating Income (Loss)- International/Other' is expected to be $11.44 million, compared to $13 million a year ago [12]. Analyst Revisions and Stock Performance - There have been no revisions in the consensus EPS estimate for the quarter over the past 30 days, indicating stability in analysts' projections [9]. - Tyson shares have increased by 6.5% over the past month, contrasting with a -0.4% change in the Zacks S&P 500 composite, with a Zacks Rank of 3 (Hold) suggesting the stock will closely follow overall market performance [13].