Tyson Foods Raises Outlook; Dean Foods Earnings Fall Short

August 8, 2016 1:08 PM

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Tyson Foods Raises Outlook; Dean Foods Earnings Fall Short

Tyson Foods (TSN) raised its full-year earnings outlook after reporting strong third-quarter results Monday, while Dean Foods (DF) also reported a jump in quarterly earnings but fell short of analyst views.

Tyson Foods' adjusted Q3 earnings climbed 51% to $1.21 per share. Analysts were expecting $1.06 per share. Sales dipped 6.7% to $9.4 billion, above analyst views for $9.33 billion. Chicken sales edged up 0.4%, and pork sales were up 7.2% year over year. Beef sales fell 14.6%, and prepared food sales...

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