Tyson Foods Earnings: What To Look For From TSN

Core Viewpoint - Tyson Foods is expected to report earnings results with a projected revenue growth of 3.3% year on year, reaching $14.01 billion, and adjusted earnings of $0.83 per share [2] Group 1: Earnings Expectations - Last quarter, Tyson Foods reported revenues of $13.88 billion, exceeding analysts' expectations by 2.9% and showing a year-on-year increase of 3.6% [1] - Analysts anticipate a revenue growth of 3.3% year on year for the upcoming quarter, improving from a 1.6% increase recorded in the same quarter last year [2] - Adjusted earnings for the upcoming quarter are expected to be $0.83 per share [2] Group 2: Analyst Sentiment - Analysts have generally reconfirmed their estimates for Tyson Foods over the last 30 days, indicating confidence in the company's performance heading into earnings [3] - Tyson Foods has missed Wall Street's revenue estimates four times in the past two years, highlighting a history of volatility in meeting expectations [3] Group 3: Industry Context - In the perishable food segment, peers like Vital Farms and Pilgrim's Pride have reported strong results, with Vital Farms achieving a year-on-year revenue growth of 37.2% and Pilgrim's Pride reporting a 3.8% increase [4] - The perishable food sector has generally underperformed, with average share prices down 4.7% over the last month, while Tyson Foods has seen a slight increase of 1.5% during the same period [5] - Tyson Foods is entering earnings with an average analyst price target of $61.75, compared to its current share price of $52.86 [5]