Ekonomické zprávy
08.05.2023

Company news: Tyson Foods (TSN) posts unexpected quarterly loss

Tyson Foods (TSN) reported Q2 FY2023 loss of $0.04 per share (versus earnings of $2.29 per share in Q2 FY2022), worse than analysts’ consensus estimate of earnings of $0.80 per share.

The company’s quarterly revenues amounted to $13.133 bln (+0.1% y/y), missing analysts’ consensus estimate of $13.617 bln.

TSN fell to $56.17 (-7.45%) in pre-market trading.

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