05.02.2024 13:40:02 - dpa-AFX: Tyson Foods Inc. Q1 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Tyson Foods Inc. (TSN) announced a profit for first
quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $107 million, or $0.30 per share. This
compares with $316 million, or $0.88 per share, in last year's first quarter.

Excluding items, Tyson Foods Inc. reported adjusted earnings of $245 million or
$0.69 per share for the period.

Analysts on average had expected the company to earn $0.41 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 0.5% to $13.32 billion from $13.26
billion last year.

Tyson Foods Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $107 Mln. vs. $316 Mln. last year.
-EPS (Q1): $0.30 vs. $0.88 last year.
-Analyst Estimates: $0.41
-Revenue (Q1): $13.32 Bln vs. $13.26 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
TYSON FOODS INC A DL-,10 870625 Frankfurt 54,720 09.05.24 08:05:15 -0,330 -0,60% 0,000 0,000 54,720 55,050

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