WASHINGTON (dpa-AFX) - Tyson Foods (TSN) reported second quarter net income
to company of $145 million compared to a loss of $97 million, prior year. Net
income per share was $0.41 compared to a loss of $0.28. Adjusted operating
income was $406 million, up 525% from prior year. Adjusted net income per share
to Tyson was $0.62 compared to a loss of $0.04. On average, nine analysts polled
by Thomson Reuters expected the company to report profit per share of $0.39, for
the quarter. Analysts' estimates typically exclude special items.

Sales were $13.07 billion, down 0.5% from prior year. Analysts on average had
estimated $13.16 billion in revenue.

Tyson Foods anticipates total company adjusted operating income of $1.4 billion
to $1.8 billion for fiscal 2024. The company expects sales to be relatively flat
in fiscal 2024 as compared to fiscal 2023.

Shares of Tyson Foods are up 1% in pre-market trade on Monday.

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