Tyson Foods Inc. (TSN) released a profit for its fourth quarter that advanced from the same period last year.
The company's earnings came in at $692 million, or $1.90 per share. This compares with $369 million, or $1.01 per share, in last year's fourth quarter.
Analysts had expected the company to earn $1.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.3% to $11.46 billion from $10.88 billion last year.
Tyson Foods Inc. earnings at a glance:
-EPS (Q4): $1.81 vs. $1.21 last year.
-Analysts Estimate: $1.19
-Revenue (Q4): $11.46 Bln vs. $10.88 Bln last year.
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