Tyson Foods Reports First Quarter 2022 Results
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Tyson (TSN) PT Raised to $100 at BofA Securities
February 8, 2022 8:55 AM ESTBofA Securities analyst Peter Galbo raised the price target on Tyson (NYSE: TSN) to $100.00 (from $90.00) while maintaining a Neutral rating.
... MoreTyson Foods (TSN) Tops Q1 EPS by $1.01, Offers Outlook
February 7, 2022 7:32 AM EST(Updated - February 7, 2022 7:37 AM EST)
Tyson Foods (NYSE: TSN) reported Q1 EPS of $2.87, $1.01 better than the analyst estimate of $1.86. Revenue for the quarter came in at $12.93 billion versus the consensus estimate of $12.09 billion.
GUIDANCE:
Tyson Foods sees Q2 2022 revenue at upper end of $49-51 billion, versus the consensus of $50.35 billion.
OUTLOOK
For fiscal 2022, the United States Department of Agriculture (USDA) indicates domestic protein production (beef, pork, chicken and turkey) should be relatively flat as compared to fiscal 2021 levels. The following is a... More