During Tyson Foods' (TSN) earnings call on Monday, Brady Stewart offered fresh insight into what may be the emerging bottom in U.S. cattle supplies, which have fallen to their lowest levels in over 70 years.
Shares of meat company Tyson Foods (NYSE:TSN)
fell 9.7% in the morning session after the company reported weak first-quarter 2025 results, which included a miss on revenue and gross margin, despite beating analysts' EBITDA expectations and EPS estimates. Sales were roughly unchanged from the prior year, held back by volume declines in pork and prepared foods, though improved pricing helped cushion the blow.
Looking ahead, they're expecting sales to stay flat or tick up slightly, with most of the growth in profits coming from chicken and prepared foods. So, while the quarter wasn't great, there were some clear wins underneath the surface.
Phillip Securities lowered its price target on Apple on Monday to $200 from $235, citing reduced gross margin estimates linked to higher tariffs and persistent weakness in China following the company’s Q2 earnings.
Wall Street kicked off the week with a cautious tone, as major stock indices hovered near the flatline by midday in New York. Investors digested fresh signs of inflationary pressure in the services sector, raising doubts about near-term rate cuts and weighing on risk appetite.
US services sector growth slows in April. Inflationary pressures surge to a 2-year high, driven by trade tariffs. Stalling momentum and stagflation risks loom.
Tyson Foods Inc. (NYSE: TSN) shares slipped in premarket trading after Q2 FY25 results missed revenue estimates. Sales remained flat at $13.07 billion, while gross profit tumbled 30.7%. Despite the earnings beat, weaker beef and pork volumes impacted margins.
Meat company Tyson Foods (NYSE:TSN) missed Wall Street’s revenue expectations in Q1 CY2025, with sales flat year on year at $13.07 billion. Its non-GAAP profit of $0.92 per share was 12.2% above analysts’ consensus estimates.
