- Company News: Tyson Foods (TSN) quarterly results beat analysts’ expectations
Market news
6 May 2019
Company News: Tyson Foods (TSN) quarterly results beat analysts’ expectations
Tyson Foods (TSN) reported Q2 FY 2019 earnings of $1.20 per share (versus $1.27 in Q2 FY 2018), beating analysts’ consensus of $1.15.
The company’s quarterly revenues amounted to $10.443 bln (+6.9% y/y), beating analysts’ consensus estimate of $10.249 bln.
The company also reaffirmed guidance for FY 2019, projecting EPS of $5.75-6.10 (versus analysts’ consensus estimate of $5.95) and revenues of ~$43 bln (versus analysts’ consensus estimate of $42.46 bln).
TSN fell to $74.73 (-0.48%) in pre-market trading.
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