Tyson Foods Up 6% On Earnings News (TSN)

Shares of Springdale, Arkansas-based Tyson Foods, Inc. TSN are currently up 6% at $18.61 per share during Friday afternoon trading. Today's trading range for shares of Tyson Foods, Inc has been between $18.17 and $18.98 per share. The consensus price target of analysts covering the company's stock is $20.67 per share. Volume of 10.3 million shares is more than double the daily average volume of 4.2 million shares. Tyson Foods, Inc. (TSN) released financial results early Friday morning that beat Wall Street estimates. Tyson Foods, Inc reported 1st quarter earnings of 78 cents per share, on revenue of $7.61 billion. A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of 62 cents per share, on revenue of $7.18 billion. Tyson Foods, Inc is one of the world's largest processors and marketers of chicken, beef and pork, the second-largest food production company in the Fortune 500 and a member of the S&P 500. Read more from Benzinga's Company news.