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7.43831887922196E-05 0.000377988041004907 0.00250322200649415 0.00189601230206856 -0.00341707261165444 -0.00692522667897271 -0.00584591142935638 -0.0111589963430796
Stock impact report

Tyson Foods beats Q1 expectations as prepared foods, chicken segments shine [Yahoo! Finance]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
analyst estimates as the company's prepared foods segment delivered strong performance and chicken operations continued to gain market share. The food processing giant posted adjusted earnings per share of $0.97, exceeding the analyst consensus of $0.93. Revenue reached $14.31 billion, up 5.1% YoY and above the $14 billion analysts had expected. Shares rose 1% following the announcement. "Our first quarter results reflect solid execution across our portfolio," said Donnie King, President & CEO of Tyson Foods . "Prepared Foods delivered top and bottom-line growth while Chicken reported its fifth consecutive quarter of year-over-year volume gains." The company's prepared foods segment, which includes brands like Jimmy Dean and Hillshire Farm, saw sales increase 7.9% YoY to $2.67 billion, with operating income of $322 million. Chicken segment sales rose 3.7% in volume, though revenue increased only modestly to $4.21 billion due to flat pricing. Beef operations continued to strugg Show less Read more
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