Shares of Tyson Foods TSN rose 1.5% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share increased 49.59% over the past year to $1.81, which beat the estimate of $1.19.
Revenue of $11,460,000,000 higher by 5.29% from the same period last year, which beat the estimate of $11,010,000,000.
Guidance
Tyson Foods hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Technicals
52-week high: $94.24
Company's 52-week low was at $42.57
Price action over last quarter: down 2.84%
Company Description
Tyson Foods is the largest U.S. producer of processed chicken and beef. It's also a large producer of processed pork and protein-based products under the brands Jimmy Dean, Hillshire Farm, Ball Park, Sara Lee, Aidells, and State Fair, to name a few. Tyson sells 90% of its products through various U.S. channels, including retailers (45%), food-service (31%), and other packaged food and industrial companies (11%). In addition, 10% of the company's revenue comes from exports to Canada, Mexico, Brazil, Europe, China, and Japan. The remaining 3% of revenue is composed of intersegment sales.
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