Tyson Foods Scores an Earnings Beat on Higher Meat Prices. The Stock Jumps. – Barrons

Tyson Foods stock was rising Monday after the protein producer surpassed earnings expectations and provided a fiscal-year revenue outlook that was in line with estimates.

Tyson (ticker: TSN) reported fiscal first-quarter adjusted earnings of $2.87 a share on revenue of $12.9 billion. Analysts surveyed by FactSet expected earnings of $1.93 a share on revenue of $12.17 billion. A year earlier, Tyson earned $1.94 a share on revenue of $10.46 billion. 

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