Tyson Foods (TSN) reported Q1 FY2023 earnings of $0.85 per share (versus $2.87 per share in Q1 FY2022), missing analysts’ consensus estimate of $1.37 per share.
The company’s quarterly revenues amounted to $13.260 bln (+2.5% y/y), missing analysts’ consensus estimate of $13.507 bln.
TSN fell to $60.91 (-4.87%) in pre-market trading.