Tyson Foods Inc reports results for the quarter ended March 31 - Earnings Summary

• Tyson Foods Inc TSN.N reported quarterly adjusted earnings of 92 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 62 cents. The mean expectation of ten analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 75 cents to 88 cents per share.

• Revenue rose 0% to $13.07 billion from a year ago; analysts expected $13.14 billion.

• Tyson Foods Inc's reported EPS for the quarter was 2 cents​.

• The company reported quarterly net income of $7 million.

• Tyson Foods Inc shares had fallen by 4.7% this quarter and gained 5.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food processing peer group is also "hold"

• Wall Street's median 12-month price target for Tyson Foods Inc is $65.00

This summary was machine generated from LSEG data May 5 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)