Investing.com - Tyson Foods reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Tyson Foods announced earnings per share of $2.87 on revenue of $12.93B. Analysts polled by Investing.com anticipated EPS of $1.94 on revenue of $12.16B.
Tyson Foods shares are up 1% from the beginning of the year and are trading at $91.90 , down-from-52-week-high.They are outperforming the S&P 500 which is down 5.57% year to date.
Tyson Foods shares gained 4.09% in pre-market trade the report.
Tyson Foods follows other major Consumer Staples sector earnings this month
Tyson Foods's report follows an earnings beat by Procter&Gamble on Wednesday, January 19, 2022, who reported EPS of $1.66 on revenue of $20.95B, compared to forecasts EPS of $1.65 on revenue of $20.33B.
Estee Lauder had beat expectations on Thursday with second quarter EPS of $3.01 on revenue of $5.54B, compared to forecast for EPS of $2.63 on revenue of $5.49B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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