earnings
confidence high
sentiment negative
materiality 0.80
Tyson Foods Q3 GAAP EPS loss $1.18 on operating loss $350M; adjusted EPS $0.15
TYSON FOODS, INC.
2023-Q3 EPS reported
-$0.56
revenue$39,533,000,000
- GAAP net loss of $1.18 per share vs $2.07 profit in prior year; operating loss $350M vs $1.03B income.
- Adjusted EPS $0.15 vs $1.94; adjusted operating income $179M vs $998M.
- Sales down 2.6% to $13.14B from $13.50B.
- Nine-month GAAP EPS loss $0.56 vs $7.42 prior; adjusted EPS $0.97 vs $7.10.
- Management cites sequential improvement and focus on cost structure.