Tyson Foods, Inc. (TSN) to Release Quarter 2 Numbers

What’s Happening with tsn

Tyson Foods, Inc. (TSN) is scheduled to report Quarter 2 numbers before the market opens on August 8. Analysts forecast earnings of $1.04 per share for the quarter. During the same period last year the company earned $0.78, and the stock is down -32.7% on the year.

Technical Analysis

TSN was recently trading at $87.49 down $13.23 from its 12-month high and $17.45 above its 12-month low. InvestorsObserver gives TSN a 80 long-term technical score and a 94 short-term technical score. The stock has recent support above $82.66 and recent resistance below $91. Of the 8 analysts who cover the stock, 1 rate it Strong Buy, 0 rate it Buy, 6 rate it Hold, 0 rate it Sell, and 1 rate it Strong Sell, TSN gets an overall score of 63 from InvestorsObserver.

Analysts’ Thoughts

TSN has shown annual earnings growth of 16.46% over the last five years, and looking ahead analysts expect the company to grow profits 7.50% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $1.04 EPS. TSN is currently trading at $87.49 with an average price target of $97.08.

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