>>> Tyson Foods beats by $0.08, misses on revs; guides FY23 revs below consensus

Tyson Foods beats by $0.08, misses on revs; guides FY23 revs below consensus (46.95)
  • Reports Q4 (Sep) earnings of $0.37 per share, excluding non-recurring items, $0.08 better than the FactSet Consensus of $0.29; revenues fell 2.8% year/year to $13.35 bln vs the $13.72 bln FactSet Consensus.
  • Co issues downside guidance for FY23, sees FY23 revs of flat yr/yr from $52.9 bln vs. $53.26 bln FactSet Consensus.