Tyson Foods Beats Estimates and Raises Annual Forecast
Tyson Foods raised its 2026 income forecast as strong chicken sales offset losses in its beef unit. Adjusted earnings of 87 cents per share beat market estimates.
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TYSON FOODS INC-CL A reported quarterly earnings of 87 cents per share, beating estimates as shares rose 4% on Monday afternoon. The result exceeded the 78-cent average estimate provided by LONDON STOCK EXCHANGE GROUP and triggered an upward revision of full-year income forecasts. Investors are weighing a 12.2% jump in chicken margins against a beef business losing up to $500 million this year.
