Tyson Meals (TSN) Positive aspects However Lags Market: What You Ought to Know

HomeInvesting

Tyson Meals (TSN) Positive aspects However Lags Market: What You Ought to Know

Tyson


Tyson Meals (TSN) closed the newest buying and selling day at $52.51, shifting +1.37% from the earlier buying and selling session. The inventory lagged the S&P 500’s every day achieve of 9.28%. On the similar time, the Dow added 9.36%, and the tech-heavy Nasdaq gained 9.34%.

Coming into right this moment, shares of the meat producer had misplaced 36.19% previously month. In that very same time, the Shopper Staples sector misplaced 22.7%, whereas the S&P 500 misplaced 26.56%.

TSN shall be trying to show power because it nears its subsequent earnings launch. The corporate is anticipated to report EPS of $1.15, down 4.17% from the prior-year quarter. In the meantime, the Zacks Consensus Estimate for income is projecting web gross sales of $10.97 billion, up 5.03% from the year-ago interval.

Wanting on the full yr, our Zacks Consensus Estimates recommend analysts predict earnings of $6.22 per share and income of $45.28 billion. These totals would mark adjustments of +13.92% and +6.78%, respectively, from final yr.



nasdaq.com