Tyson Foods Inc. to post quarterly report on Monday; Walmart stores add hot dog restaurant
August 3, 2024 at 2:58 a.m.
Steep gain expected in Tyson's 3Q report
Analysts are predicting a steep increase in quarterly earnings for Tyson Foods Inc. when the company posts its third quarter report on Monday.
According to Zacks Equity Research, the Springdale-based company is estimated to post an earnings per share of $0.61, compared to $0.15 per share in 2023.
Tyson's estimated revenue is predicted to be $13.7 billion, a 0.2% increase from the same time period the prior year.
Analysts are predicting Tyson's chicken sales total to reach $4.21 billion, unchanged from a year ago.
The company's beef sales are expected to hit $4.76 billion, down 3.9% compared to last year.
Prepared foods are estimated to reach $2.46 billion, up 3.0% compared to the same quarter in 2023, and pork sales are predicted to hit $1.42
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