Investing.com - Tyson Foods (NYSE:TSN) reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Tyson Foods announced earnings per share of $2.7 on revenue of $12.48B. Analysts polled by Investing.com anticipated EPS of $1.6 on revenue of $11.49B.
Tyson Foods shares are up 10% from the beginning of the year and are trading at $73.50 , down-from-52-week-high.They are under-performing the S&P 500 which is up 18.12% from the start of the year.
Tyson Foods shares gained 3.35% in pre-market trade after the report.
Tyson Foods follows other major Consumer/Non-Cyclical sector earnings this month
Tyson Foods's report follows an earnings beat by Coca-Cola on Wednesday, July 21, 2021, who reported EPS of $0.68 on revenue of $10.1B, compared to forecasts EPS of $0.5625 on revenue of $9.31B.
PepsiCo had beat expectations on Tuesday, July 13, 2021 with second quarter EPS of $1.72 on revenue of $19.22B, compared to forecast for EPS of $1.53 on revenue of $17.96B.
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