Categories AlphaGraphs, Consumer, Earnings
Infographic: Highlights of Tyson Foods (NYSE: TSN) Q2 2020 earnings report
Tyson Foods, Inc. (NYSE: TSN) reported weaker-than-expected earnings and revenues for the second quarter of 2020. The company’s stock dropped sharply early Monday following the announcement.
The packaged food company posted earnings of $0.77 per share for the second quarter, on an adjusted basis, down from $1.20 per share reported a year earlier. Unadjusted profit declined to $364 million or $1.0 per share from $426 million or $1.17 per share in the second quarter of 2019. Analysts had forecast a higher number.
Meanwhile, revenues advanced 4% annually to $10.89 billion, but came in below analysts’ forecast.
Tyson Foods’ shares closed the last trading session sharply lower. The stock has lost 33% so far this year and 20% in the past twelve months.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on