Shares in Tyson Foods fell by almost 10% yesterday (5 May) after a surge in earnings failed to meet analyst expectations.

Sales in the period rose to US$9.03bn, up from $8.38bn last year and operating income increased to $361m, compared to $236m in the year-ago period. The meat giant said that net earnings in the three months more than doubled to $210m, up from $106m last year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

However, the market was disappointed with Tyson’s bottom line. EPS totalled $0.60 compared to consensus expectations of $0.62 and shares closed down 9.87% in New York yesterday.

Prior to yesterday’s drop, Tyson’s year-to-date market capitalisation had increased by around one-quarter.

Click here for our On the money analysis of Tyson’s results and potential M&A ambitions.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now