Tyson's Third Quarter Earnings Surge 51% Due to Strong Performance Across All Segments of Business
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RBC Capital Raises Estimates on Tyson Foods (TSN) Following 3Q; Reiterates Sector Perform
August 9, 2016 8:04 AM EDTRBC Capital reiterated a Sector Perform rating on Tyson Foods (NYSE: TSN), and raised the price target to $75.00 (from $72.00), following the company's 3Q earnings report. RBC raised FY16 and FY17 EPS estimates from $4.38 and $4.79 to $4.56 and $4.96, both above consensus estimates.
Analyst David Palmer... More
Tyson Foods (TSN) Tops Q3 EPS by 15c; Raises Outlook
August 8, 2016 7:34 AM EDTTyson Foods (NYSE: TSN) reported Q3 EPS of $1.21, $0.15 better than the analyst estimate of $1.06. Revenue for the quarter came in at $9.4 billion versus the consensus estimate of $9.33 billion.
We again demonstrated our ability to deliver higher, more stable earnings through our differentiated business model that emphasizes growth in prepared foods and value-added chicken,... More
