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06.05.2024

Company news: Tyson Foods (TSN) quarterly earnings beat analysts’ estimates

Tyson Foods (TSN) reported Q1 FY2024 earnings of $0.62. per share (versus $(0.04) per share in Q1 FY2023), beating analysts’ consensus estimate of $0.39 per share.

The company’s quarterly revenues amounted to $13.072 bln (-0.5% y/y), missing analysts’ consensus estimate of $13.157 bln.

TSN rose to $63.23 (+1.95%) in pre-market trading.

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