ARKANSAS, USA — Tyson Foods Inc. of Springdale (NYSE: TSN) on Tuesday capped its 2024 fiscal year with fourth-quarter income of $357 million, an improvement from a loss of $450 million in the same quarter a year ago.
Earnings per share came to $1, up from a loss of $1.31 a year ago. Earnings, adjusted for non-recurring gains, were 92 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.
