Previous close | 0.7500 |
Open | 0.2700 |
Bid | 0.0000 |
Ask | 0.1000 |
Strike | 65.00 |
Expiry date | 2024-05-24 |
Day's range | 0.4500 - 0.4500 |
Contract range | N/A |
Volume | |
Open interest | 43 |
Shares of Tyson Foods (TSN) are trading lower at Monday's open despite reporting better-than-expected earnings for the second quarter. While the company beat revenue estimates, it did report a miss on net sales due to a consumer spending slowdown and issues stemming from the company's chicken production operations. Yahoo Finance's Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
Shares of Tyson Foods fell sharply Monday after the meat company beat earnings estimates but sales fell short. Tyson reported fiscal second-quarter adjusted earnings of 62 cents a share, soaring past Wall Street’s call for 39 cents, according to FactSet. “During the second quarter, we continued our positive momentum and made progress on our key initiatives,” said CEO Donnie King in the earnings release.
The headline numbers for Tyson (TSN) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.