Tyson Foods, Inc. - Ordinary Shares - Class A

NYSE:TSN   3:59:59 PM EDT
+0.64 (+1.00%)
Other Pre-Announcement

Tyson Foods Inc Reports Quarterly Adjusted Earnings $1.81

Published: 11/16/2020 12:56 GMT
Tyson Foods Inc (TSN) - Qtrly GAAP EPS of $1.90.
Qtrly Adjusted EPS of $1.81.
Qtrly Sales $11,460 Million Versus $10,884 Million.
Incurred Direct Incremental Expenses Associated With Impact of Covid-19 Totaling About $200 Million and $540 Million for Q4.
Q4 Earnings per Share View $1.19, Revenue View $11.01 Billion -- Refinitiv Ibes Data (analyst estimates).
For Fiscal 2021, We Expect Capital Expenditures to Be Approximately $1.2 Billion to $1.4 Billion.
Will Continue to Face Pandemic-related Challenges in Fiscal 2021.
Expect Sales to Be $42 Billion to $44 Billion for Fiscal 2021.
Liquidity is Expected to Be Adequate to Continue to Run Operations and Meet Obligations As They Become Due.
About $540 Million of Months of Covid-19 Expenses is Incurred in Fiscal Year 2020.
FY2021 Revenue View $44.23 Billion -- Refinitiv Ibes Data (analyst estimates).