Tyson Foods: beats consensus in Q3.
(CercleFinance.com) - Tyson Foods reported Q3 earnings that are down 8% at 447 million dollars, or 1.
21 dollar per share.
Adjusted EPS increased by 6% to 1.28 dollars, beating the consensus by nine cents.
The agri-food group based in Springdale, Arkansas, posted an adjusted operating profit of 756 million dollars, meaning an adjusted operating margin of 7.7%, on sales growth of nearly 5% at 9.85 billion dollars.
For the current fiscal year, Tyson Foods said it targets adjusted EPS of betwen 4.95 dollars and 5.05 dollars, up 13%, therefore tightening its target range of 4.90 dollars to 5.05 dollars three months ago.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
21 dollar per share.
Adjusted EPS increased by 6% to 1.28 dollars, beating the consensus by nine cents.
The agri-food group based in Springdale, Arkansas, posted an adjusted operating profit of 756 million dollars, meaning an adjusted operating margin of 7.7%, on sales growth of nearly 5% at 9.85 billion dollars.
For the current fiscal year, Tyson Foods said it targets adjusted EPS of betwen 4.95 dollars and 5.05 dollars, up 13%, therefore tightening its target range of 4.90 dollars to 5.05 dollars three months ago.
Copyright (c) 2017 CercleFinance.com. All rights reserved.