- Adjusted EPS: 87 cents, beating the estimate of 67 cents and significantly up from 15 cents year-over-year.
- Net EPS: 54 cents, compared to a loss of $1.18 per share in the previous year.
- Sales: $13.35 billion, up 1.6% year-over-year, exceeding the estimate of $13.24 billion.
- Sales Volume:
- Beef: +4.4% vs. -5.3% y/y, estimate -2.25%
- Pork: +1.2% vs. -1.8% y/y, estimate +0.95%
- Chicken: -0.4% vs. +2.8% y/y, estimate +1.83%
- Prepared Foods: +2% vs. -0.7% y/y, estimate +1.3%
- International/Other: +6.5% vs. +0.5% y/y, estimate +3.38%
- Adjusted Operating Income: $491 million vs. $179 million y/y, estimate $415.5 million.
- Operating Margin: 2.6% vs. -2.7% y/y.
- Adjusted Operating Margin: 3.7% vs. 1.4% y/y, estimate 3.15%.
- Adjusted Operating Margins by Segment:
- Beef: -1.3% vs. 1.6% y/y, estimate -1.15%
- Pork: 1.5% vs. -5.3% y/y, estimate 0.87%
- Chicken: 7.5% vs. -1.5% y/y, estimate 5.76%
- Prepared Foods: 8.3% vs. 9.2% y/y, estimate 8.51%
- Average Price Changes:
- Overall: +0.6%, estimate +1.08%
- Beef: +1.4% vs. +5.2% y/y, estimate +3%
- Pork: +12.6% vs. -16.4% y/y, estimate +3.5%
- Chicken: -3.7% vs. -5.5% y/y, estimate +2.34%
- Prepared Foods: +0.1% vs. -1.9% y/y, estimate +1%
- International/Other: -14.6% vs. +4.6% y/y, estimate +1.75%
- Year Forecast:
- Net interest expenses: About $395 million, previously saw about $400 million, estimate $390.9 million.
- Capital expenditure: $1.2 billion to $1.3 billion, previously saw $1.2 billion to $1.4 billion, estimate $1.27 billion.
Tyson Foods Inc Cl A on Smartkarma
Analysts on Smartkarma, such as Baptista Research, have been closely monitoring Tyson Foods Inc Cl A, providing valuable insights for investors. In a recent report titled “Tyson Foods: Is The Improved Live Performance and Supply-Demand Balance Here To Stay? – Major Drivers,” Baptista Research highlights the company’s robust performance in the fiscal second quarter of 2024. Tyson Foods has shown significant improvements in operational efficiencies and a diversified portfolio, attributed to their focus on operational excellence and strategic multi-protein offering. However, challenges in different segments and uncertain forecasted trends present complexities moving forward.
In another report by Baptista Research, titled “Tyson Foods: Focus on Domestic Consumption and Expansion of the International Market! – Major Drivers,” analysts discuss the positive Q1 2024 financial results from Tyson Foods. The company saw a $175 million improvement in adjusted operating income and nearly doubled adjusted EPS sequentially, indicating positive momentum. While chicken and pork countered beef headwinds, the prepared foods division continued to drive strong profits and margins. These insights shed light on Tyson Foods’ strategies and performance, offering investors key factors to consider.
A look at Tyson Foods Inc Cl A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Tyson Foods Inc Cl A is positioned well for the long term. With a strong Value score of 4, the company is seen as having attractive valuation metrics. Additionally, its Dividend score of 4 indicates a solid track record of paying dividends. However, there is room for improvement in Growth, with a score of 2, suggesting slower growth potential. In terms of Resilience, Tyson Foods scores a 3, showing a moderate ability to weather economic uncertainties. Lastly, the Momentum score of 4 indicates positive price momentum in the market.
Tyson Foods, Inc. is a company that produces, distributes, and markets a variety of food products including chicken, beef, pork, and prepared foods. Its products are sold to various types of retailers, wholesalers, and industrial food processing companies. With strong Value and Dividend scores, coupled with moderate Resilience and Momentum scores, Tyson Foods appears to be a stable company with room for growth opportunities in the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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