Tyson Foods faces
4Q drop predictions
Analysts are predicting a 7.6% decline in earnings for Tyson Foods Inc. ahead of the company posting its fourth quarter earnings on Monday.
According to Zacks Equity Research, the Springdale-based company is estimated to post an adjusted earnings per share of 85 cents, with revenue estimated at $13.91 billion, a year-over-year increase of 2.5%.
Company chicken sales are anticipated to come in at $4.30 billion, or an increase of 1.1% compared to the previous year.
Analysts are expecting beef sales to rise to $5.45 billion for the quarter, or an increase of 3.7%.
Tyson's prepared foods segment is anticipated to have a 1.5% increase to its sales of $2.51 billion for the quarter.
Pork is estimated to have an increase in sales by 6% and come in at $1

Northwest Arkansas Democrat-Gazette

Deadline
Fast Company
Reuters US Business
AlterNet
MLB
The Fashion Spot
FOX19 NOW
Real Simple Home