The Latest Breaking News from Tyson Foods

Flowers Foods (FLO), the maker Wonder Bread and other baked goods, reported second-quarter earnings on Thursday that beat expectations, helped by price increases, and the company bumped up its profit outlook. Flowers is one of several leading food price influencers to report during the week, as investors try to gauge…

 

  Someone with a lot of money to spend has taken a bearish stance on Tyson Foods (NYSE:TSN). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Tyson Foods (NYSE: TSN) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $2.70 per share a year ago. These figures are adjusted for non-recurring items.

U.S. stocks traded higher this morning, following the release of strong jobs data on Friday.

A Relative Strength Rating upgrade for Tyson stock shows improving technical performance.

Tyson Foods's (NYSE:TSN) short percent of float has risen 5.47% since its last report. The company recently reported that it has 6.01 million shares sold short, which is 2.12% of all regular shares that are available for trading.

Tyson Foods (NYSE:TSN) has outperformed the market over the past 20 years by 2.1% on an annualized basis producing an average annual return of 8.95%. Currently, Tyson Foods has a market capitalization of $29.94 billion.

Tyson Foods (NYSE:TSN) has outperformed the market over the past 10 years by 4.56% on an annualized basis producing an average annual return of 16.59%. Currently, Tyson Foods has a market capitalization of $31.68 billion.

Pulled from Benzinga Pro data, Tyson Foods (NYSE:TSN) showed a loss in earnings since Q1, totaling $833.00 million. Sales, on the other hand, increased by 1.42% to $13.12 billion during Q2.

Sanderson Farms earnings were nearly double what Wall Street was expecting, as America continues enjoy chicken despite rising costs.