Shares of Tyson Foods TSN were unchanged after the company reported Q3 results.
Quarterly Results
Earnings per share rose 92.86% year over year to $2.70, which beat the estimate of $1.45.
Revenue of $12,478,000,000 up by 24.51% year over year, which beat the estimate of $11,430,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Aug 09, 2021
Time: 09:00 AM
Recent Stock Performance
Company's 52-week high was at $81.79
52-week low: $55.82
Price action over last quarter: down 10.47%
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, State Fair, and Raised & Rooted, to name a few. Tyson sells 86% of its products through various U.S. channels, including retailers (48%), food-service (28%), and other packaged food and industrial companies (10%). In addition, 14% of the company's revenue comes from exports to Canada, Mexico, Brazil, Europe, China, and Japan.
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