Core Insights - Tyson Foods reported revenue of $13.57 billion for the quarter ended September 2024, reflecting a year-over-year increase of 1.6% [1] - The company's EPS was $0.92, significantly higher than the $0.37 reported in the same quarter last year [1] Financial Performance - Revenue exceeded the Zacks Consensus Estimate of $13.33 billion, resulting in a surprise of +1.79% [2] - EPS also surpassed expectations with a surprise of +43.75%, compared to the consensus estimate of $0.64 [2] Sales Breakdown - Chicken sales reached $4.25 billion, exceeding the average estimate of $4.13 billion, marking a +2.3% year-over-year change [3] - Beef sales were reported at $5.26 billion, above the $5 billion estimate, representing a +4.6% increase year-over-year [3] - International/Other sales were $609 million, below the average estimate of $632.82 million, showing a -4.3% year-over-year decline [3] - Prepared Foods sales totaled $2.47 billion, under the $2.55 billion estimate, reflecting a -1.2% change from the previous year [3] - Pork sales were $1.44 billion, below the $1.48 billion estimate, indicating a -3.8% year-over-year change [3] Adjusted Operating Income - Adjusted Operating Income for Beef was a loss of $71 million, better than the estimated loss of $119.51 million [3] - Adjusted Operating Income for Pork was $19 million, below the $39.74 million estimate [3] - Adjusted Operating Income for International/Other was $3 million, compared to the average estimate of $12.52 million [3] - Adjusted Operating Income for Prepared Foods was $205 million, exceeding the estimate of $190.52 million [3] - Adjusted Operating Income for Chicken was $356 million, significantly higher than the average estimate of $278.27 million [3] Stock Performance - Tyson's shares have returned -1.7% over the past month, while the Zacks S&P 500 composite has increased by +3.3% [4] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [4]
Tyson (TSN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates