Tyson Foods: Q3 EPS above estimates
(CercleFinance.com) - Tyson Foods has reported Q3 adjusted EPS that is down 2.
5% at 1.47 dollar, i.e. three cents above the consensus, for an adjusted operating margin of 7.3% and revenues that are up 8.3% to nearly 10.9 billion dollars.
"Our Prepared Foods and Beef segments produced strong results in the quarter, while results in the Chicken segment were mixed, and the Pork segment was negatively affected by increased hog costs," said CEO Noel White.
Having reported adjusted EPS that is down 7% at 4.25 dollars over the first nine months, the agri-food group specialising in meat confirms that it is expecting FY 2018-19 EPS of between 5.75 dollars and 6.10 dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
5% at 1.47 dollar, i.e. three cents above the consensus, for an adjusted operating margin of 7.3% and revenues that are up 8.3% to nearly 10.9 billion dollars.
"Our Prepared Foods and Beef segments produced strong results in the quarter, while results in the Chicken segment were mixed, and the Pork segment was negatively affected by increased hog costs," said CEO Noel White.
Having reported adjusted EPS that is down 7% at 4.25 dollars over the first nine months, the agri-food group specialising in meat confirms that it is expecting FY 2018-19 EPS of between 5.75 dollars and 6.10 dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.