Tyson Foods: exceeds expectations in Q4
(CercleFinance.com) - Tyson Foods has reported Q4 net income that is up 36% at 537 million dollars, or 1.
47 dollar per share.
Adjusted EPS reached 1.58 dollar, 23 cents above the consensus.
However, the agri-food group that is specialised in meat saw its adjusted operating profit fall by 8% to 831 million dollars, meaning a margin of 8.3% for sales that are down 1.4% at 10 billion dollars.
With FY adjusted EPS that is up 16% at 6.16 dollars, a level that exceeds its target range of 5.70 dollars to 6 dollars announced last summer, the group expects EPS to be between 5.75 dollars and 6.10 dollars for FY 2018-19.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
47 dollar per share.
Adjusted EPS reached 1.58 dollar, 23 cents above the consensus.
However, the agri-food group that is specialised in meat saw its adjusted operating profit fall by 8% to 831 million dollars, meaning a margin of 8.3% for sales that are down 1.4% at 10 billion dollars.
With FY adjusted EPS that is up 16% at 6.16 dollars, a level that exceeds its target range of 5.70 dollars to 6 dollars announced last summer, the group expects EPS to be between 5.75 dollars and 6.10 dollars for FY 2018-19.
Copyright (c) 2018 CercleFinance.com. All rights reserved.