Categories AlphaGraphs, Consumer, Earnings

Infographic: Highlights of Tyson Foods (NYSE: TSN) Q2 2020 earnings report

Tyson Foods, Inc. (NYSE: TSN) reported weaker-than-expected earnings and revenues for the second quarter of 2020. The company’s stock dropped sharply early Monday following the announcement.

Tyson Foods Q2 2020 earnings infographic

The packaged food company posted earnings of $0.77 per share for the second quarter, on an adjusted basis, down from $1.20 per share reported a year earlier. Unadjusted profit declined to $364 million or $1.0 per share from $426 million or $1.17 per share in the second quarter of 2019. Analysts had forecast a higher number.

Meanwhile, revenues advanced 4% annually to $10.89 billion, but came in below analysts’ forecast.

Tyson Foods’ shares closed the last trading session sharply lower. The stock has lost 33% so far this year and 20% in the past twelve months.

  • Tyson Foods Q1 2020 earnings

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

One thought on “Infographic: Highlights of Tyson Foods (NYSE: TSN) Q2 2020 earnings report

Leave a Reply

Your email address will not be published. Required fields are marked *

Add Comment
Loading...

Cancel
Viewing Highlight
Loading...
Highlight
Close
Top