Tyson Foods Expects Profit Surge and Revenue Growth in Q2

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Tyson Foods Expects Profit Surge and Revenue Growth in Q2

Tyson Foods to Release Second Quarter Earnings Results

Tyson Foods, Inc. (TSN) is scheduled to release its earnings results for the second quarter before the market opens on May 6, 2024. Analysts anticipate the Springdale, Arkansas-based company to report quarterly earnings of 39 cents per share, compared to a loss of 4 cents per share in the same period last year. Additionally, Tyson Foods is projected to report quarterly revenue of $13.16 billion, according to data from Benzinga Pro.

Recent Analyst Ratings for Tyson Foods

Goldman Sachs: Analyst Adam Samuelson maintained a Neutral rating and raised the price target from $49 to $54 on April 17. (Accuracy rate: 65%)

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Additional Information

On March 14, Cal-Maine Foods completed the acquisition of assets from Tyson Foods, Inc. Tyson Foods shares rose 1.8% to close at $62.02 on Friday, May 5, 2024.