Central Texas Food Bank
The firm announced a net income of $7 million, or 2 cents a share, for the January-March period, a decrease from $145 million, or 41 cents a share, a year prior.
Earnings without one-off factors reached 92 cents per share, a rise of 48 percent.
Revenue remained almost the same year-over-year at $13.07 billion.
Analysts polled by FactSet, on average, projected the firm's adjusted earnings to be 83 cents per share with revenues reaching $13.14 billion.
Beef sales increased by 4.9% (to $5.2 billion) and chicken sales grew by 1.9% (to $4.14 billion) last quarter, whereas pork sales dropped by 16.3% (to $1.24 billion). Sales of ready food declined by 0.3% (to $2.4 billion).
Tyson Foods anticipates FY2025 revenues to be similar to the previous year's figures, with adjusted earnings projected between $1.9 and $2.3 billion.
source: cnn.com
Earnings without one-off factors reached 92 cents per share, a rise of 48 percent.
Revenue remained almost the same year-over-year at $13.07 billion.
Analysts polled by FactSet, on average, projected the firm's adjusted earnings to be 83 cents per share with revenues reaching $13.14 billion.
Beef sales increased by 4.9% (to $5.2 billion) and chicken sales grew by 1.9% (to $4.14 billion) last quarter, whereas pork sales dropped by 16.3% (to $1.24 billion). Sales of ready food declined by 0.3% (to $2.4 billion).
Tyson Foods anticipates FY2025 revenues to be similar to the previous year's figures, with adjusted earnings projected between $1.9 and $2.3 billion.
source: cnn.com