Tyson Foods stock closes lower, but has outperformed sector and S&P 500

From Nasdaq: 2024-04-05 18:15:19

Tyson Foods (TSN) closed at $59.05, down -0.72% from the previous day, lower than the S&P 500’s gain. The company’s shares rose by 10.82% in the past month, outperforming its sector and the S&P 500.

Analysts expect Tyson Foods to report an EPS of $0.35 on May 6, 2024, a 975% increase from last year. Revenue is estimated at $13.08 billion, a 0.41% drop. Full-year estimates project earnings of $2.35 per share.

With a Zacks Rank of #2 (Buy), investors are watching Tyson Foods closely ahead of its earnings release. The stock’s valuation metrics suggest a premium in trading compared to its industry peers.

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Read more at Nasdaq: Tyson Foods (TSN) Stock Declines While Market Improves: Some Information for Investors