Tyson Foods, Inc. (NYSE:TSN) is reporting fourth quarter earnings results on Monday 16th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.19 per share.
For the full year, analysts predict revenues of $ 42786.20 million, while looking forward to income of $ 5.03 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 45,000.00 million ~ $ 46,000.00 million
Click Here For More Historical Outlooks Of Tyson Foods, Inc.
Previous Quarter Performance
Tyson Foods, Inc. posted income for the third quarter of $ 1.40 per share, from the revenue of $ 10,022.00 million. The quarterly earnings shrunk 4.76 percent while revenues fell 7.93 percent compared with the same quarter last year.
Street analysts expected Tyson Foods, Inc. to report income of $ 0.94 per share on revenue of $ 10561.60 million for the third quarter. The bottom line results beat street analysts by $ 0.46 or 48.94 percent, at the same time, top line results fell short of analysts by $ 539.6 million or 5.11 percent.
Stock Performance
On Friday, shares of Tyson Foods, Inc. has traded high as $ 62.53 and has cracked $ 61.04 on the downward trend, reaching $ 62.35 with volume of 1.84 million shares.
According to the previous trading day, closing price of $ 62.35, representing a 42.89 % increase from the 52 week low of $ 42.57 and a 35.45 % decrease over the 52 week high of $ 94.24.
The company has a market capital of $ 22.71 billion and is part of the Consumer Defensive sector and Farm Products industry.
Conference Call
Tyson Foods, Inc. will be hosting a conference call at 9:00 AM eastern time on 16th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 1-844-890-1795 U.S. or 1-412-717-9589 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.tysonfoods.com
Tyson Foods, Inc., together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and live market hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully-cooked meats; and raises and processes chickens into fresh, frozen, and value-added chicken products.
