Categories AlphaGraphs, Consumer, Earnings
Tyson Foods Q3 earnings drop on lower sales, but beat estimates
Tyson Foods, Inc. (NYSE: TSN) reported better-than-expected earnings for the third quarter. Meanwhile, revenues missed the Street view.
The packaged food company posted adjusted earnings of $1.40 per share for the third quarter, down from $1.47 per share reported a year earlier. Unadjusted profit declined to $527 million or $1.44 per share from $676 million or $1.84 per share in the third quarter of 2019. Analysts had forecast a lower number for the most recent quarter.
Revenues dropped to $10.02 billion from $10.89 billion in the year-ago period and missed Wall Street’s forecast.
Tyson Foods’ shares closed the last trading session lower but gained early Monday soon after the earnings announcement.
Most Popular
SNAP Earnings: All you need to know about Snap’s Q2 2021 earnings results
Snap Inc. (NYSE: SNAP) reported second quarter 2021 earnings results today. Revenues increased 116% year-over-year to $982 million. Net loss amounted to $151.6 million, or $0.10 per share, compared to
TWTR Earnings: Twitter swings to profit in Q2 as revenues surge 74%; results beat
Microblogging platform Twitter, Inc. (NYSE: TWTR) Thursday reported a profit for the second quarter of fiscal 2021, compared to a loss last year. Both earnings and revenue came in above
Earnings Infographic: Intel (INTC) Q2 2021 profit, revenue beat estimates
Intel Corporation (NASDAQ: INTC) Thursday reported financial results for the second quarter of 2021. The revenue was reported at $19.6 billion compared to $19.7 billion in the previous year's second
