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.

Tyson Foods Q2 2020 earnings infographic

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.

  • Tyson Foods Q1 2020 earnings

Also Read:  Dave & Buster's Entertainment Inc. (PLAY) Q2 2020 Earnings Call Transcript

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