KeyBanc Comments on Tyson's (TSN) Q2
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Tyson Foods Inc. (TSN) Declares $0.0675 Quarterly Dividend; 0.7% Yield
May 5, 2014 4:22 PM EDTTyson Foods Inc. (NYSE: TSN) declared a quarterly dividend of $0.0675 per share, or $0.27 annualized.
The dividend will be payable on September 15, 2014, to stockholders of record on September 1, 2014, with an ex-dividend date of August 27, 2014.
The annual yield on the dividend is 0.7... More
Tyson Foods Inc. (TSN) Misses Q2 EPS by 3c
May 5, 2014 7:33 AM EDTTyson Foods Inc. (NYSE: TSN) reported Q2 EPS of $0.60, $0.03 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $9.03 billion versus the consensus estimate of $8.85 billion.
Outlook
In fiscal 2014, we expect overall domestic protein production (chicken, beef, pork and turkey) to decrease approximately 1% from fiscal 2013 levels, mainly due to further reductions in forecasted hog supplies. Grain supplies are expected to increase in fiscal 2014, which should result in lower input costs. The following is a summary of the fiscal 2014 outlook for each of our segments, as well as an... More
