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Tyson Foods, Inc. (NASDAQ:TSN) To Report Earnings

15 November 2017

"Fiscal 2018 is off to a great start, and we're now expecting adjusted earnings growth of 7-10 percent to $5.70-5.85 per share", Tyson Foods CEO Tom Hayes said in a news release. (NYSE:TSN) by 51.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. Captrust Financial Advsr has 0% invested in Tyson Foods, Inc. (NYSE:TSN) raised the target price from $0.00 to $76.00. Tyson Foods posted sales of $9.16 billion during the same quarter last year, which suggests a positive year over year growth rate of 8.6%. The high and low revenue estimates for the current quarter are $10.12 Billion and $9.69 Billion, respectively. Zacks' sales averages are a mean average based on a survey of research firms that that provide coverage for Tyson Foods. (NYSE:TSN). Kentucky Retirement System has invested 0.09% in Tyson Foods, Inc. Northwest Invest Counselors Ltd Limited Liability Company holds 0.04% or 1,463 shares in its portfolio.

Tyson Foods, Inc. (TSN) is expected to post revenue of $9.89 Billion in the current quarter, according to consensus of 10 analysts. During the same quarter a year ago, the firm posted $0.96 EPS. CLSA maintained the shares of TSN in report on Tuesday, August 2 with "Outperform" rating. It increased, as 58 investors sold Tyson Foods, Inc. shares while 202 reduced holdings.

LEATHERBY DENNIS on 2017-08-14 Sell 145100 shares of the company at a price of $65.97. Jefferies Group LLC set a $85.00 target price on Tyson Foods and gave the company a "buy" rating in a report on Monday, October 30th. They set an "overweight" rating and a $82.00 price objective on the stock. BidaskClub raised shares of Tyson Foods from a "sell" rating to a "hold" rating in a research report on Wednesday, July 19th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and set a $77.00 price objective (up from $70.00) on shares of Tyson Foods in a research report on Friday, October 6th. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". Current price places the company's stock 17.91% away from its 200-day simple moving average, 8.96%, away from the 50-day average and also 4.77% away from 20-day average. If you are viewing this piece of content on another website, it was copied illegally and republished in violation of worldwide copyright & trademark legislation. The stock was sold at an average price of $75.44, for a total transaction of $5,653,020.96.

Several hedge funds have recently modified their holdings of TSN.

Yesterday Tyson Foods Inc. Janus Henderson Group PLC now owns 2,478,942 shares of the company's stock worth $155,256,000 after buying an additional 2,440,548 shares during the last quarter. Evercore Wealth Management LLC raised its stake in Tyson Foods by 22.2% in the second quarter.

About 1.05 million shares traded. Finally, Dimensional Fund Advisors LP boosted its position in shares of Tyson Foods by 0.3% during the second quarter. FMR LLC now owns 2,010,522 shares of the company's stock valued at $125,920,000 after purchasing an additional 1,223,351 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Tyson Foods by 5.7% during the second quarter. Evercore Wealth Management LLC now owns 1,775 shares of the company's stock valued at $119,000 after buying an additional 323 shares during the period.

First Midwest Bank Trust Division reduced its stake in Tyson Foods, Inc. Company insiders own 2.65% of the company's stock. (NYSE TSN) traded up $1.45 during trading on Monday, hitting $75.59.

Tyson Foods Inc. has a 52 week low of $55.72 and a 52 week high of $73.14 with a P/E ratio of 15.42 The company's market cap is now $0. The firm has a market capitalization of $26,636.80, a PE ratio of 15.32 and a beta of 0.30.

General Information About Tyson Foods Inc.

Tyson brands include Jimmy Dean, Hillshire Farm, Ball Park and its namesake.

"Our beef and pork segments delivered outstanding returns for the quarter and for the year, again generating significant cash to fuel investments in our chicken and prepared foods segments", he added.

Tyson Foods, Inc. (NASDAQ:TSN) To Report Earnings