Tyson Foods Up 6% On Earnings News (TSN)

Shares of Springdale, Arkansas-based Tyson Foods, Inc.

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. (

) 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