Tyson Foods Reports Strong Q4 Results
Investing.com — Tyson Foods, Inc. (NYSE: TSN) saw its shares jump 5.9% in early trading after the food giant reported better-than-expected fourth-quarter earnings and revenue while also providing an optimistic outlook for fiscal 2025.
The company posted adjusted earnings per share of $0.92 for Q4, significantly beating analyst estimates of $0.71. Revenue came in at $13.57 billion, surpassing the consensus forecast of $13.43 billion and representing a 1.6% increase YoY.
Tyson's fourth-quarter adjusted operating income surged 117% to $512 million compared to the same period last year. The company's Chicken segment was a standout performer, swinging to an operating profit of $409 million from a loss of $267 million in Q4 2023.
For fiscal 2025, Tyson expects total company adjusted operating income between $1.8 billion and $2.2 billion. The company projects revenue to be down 1% to flat compared to fiscal 2024.
> "We delivered significant improvement in profitability for the fourth quarter and full year," said Donnie King, President & CEO of Tyson Foods. "Looking ahead, we are optimistic about our outlook and our ability to deliver long-term value to our shareholders."
The company also announced an increase in its quarterly dividend to $0.50 per Class A share and $0.45 per Class B share, representing a 2% increase from the fiscal 2024 annual dividend rate.
Tyson Foods expects domestic protein production to increase in fiscal 2025, according to USDA projections. The company anticipates improved results from its foreign operations on an adjusted basis in the coming fiscal year.
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