Tyson: Overview of First Quarter Financial Results

Tyson Foods Announces First-Quarter Financial Results

Tyson Foods Inc., headquartered in Springdale, Arkansas, revealed on Monday that it earned $85 million in net income during the first quarter of its fiscal year.

The company reported earnings of $0.24 per share. After accounting for one-time expenses, adjusted earnings came to $0.97 per share.

These figures did not meet analyst expectations. According to a survey by Zacks Investment Research, analysts had predicted earnings of $1.01 per share.

Tyson Foods generated $14.31 billion in revenue for the quarter.