Tyson Foods Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Tyson Foods, Inc. TSN is projected to release financial results for its fourth quarter 2023, before the opening bell on Nov. 13, 2023.

Analysts expect the company to post quarterly earnings at 29 cents per share, down sharply from year-ago earnings of $1.63 per share. The company’s revenue might come in at $13.73 billion, compared to $13.74 billion in the year-ago period.

Tyson Foods recently initiated a recall of approximately 29,819 pounds of its novelty chicken products due to concerns over potential contamination.

Tyson Foods shares gained 0.1% to close at $46.40 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• BMO Capital analyst Andrew Strelzik maintained a Market Perform rating and raised the price target from $48 to $50 on Aug. 8, 2023. This analyst has an accuracy rate of 81%.
• Goldman Sachs analyst Adam Samuelson maintained a Neutral rating with a price target of $52 on Aug. 7, 2023. This analyst has an accuracy rate of 67%.
• Barclays analyst Benjamin Theurer maintained an Underweight rating with a price target of $50 on Aug. 6, 2023. This analyst has an accuracy rate of 64%.
• JP Morgan analyst Kenneth Goldman maintained a Neutral rating and cut the price target from $63 to $55 on May 9, 2023. This analyst has an accuracy rate of 76%.
• Piper Sandler analyst Michael Lavery maintained a Neutral rating and cut the price target from $62 to $49 on May 9, 2023. This analyst has an accuracy rate of 71%.

Read This Next: How To Earn $500 A Month From Ralph Lauren Stock Following Upbeat Earnings