Tyson Foods Inc. First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Tyson Foods, Inc. (NYSE:TSN) will unveil its latest earnings on Friday, February 3, 2012. Tyson Foods and its subsidiaries produce, distribute and market chicken, beef, pork, prepared foods and related products.

Tyson Foods, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 33 cents per share, a decline of 56% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 38 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 34 cents during the last month. For the year, analysts are projecting net income of $2.11 per share, a rise of 11.6% from last year.

Past Earnings Performance: Last quarter, the company fell short of estimates by 6 cents, coming in at profit of 26 cents per share against a mean estimate of net income of 32 cents. The company topped expectations in the third quarter of the last fiscal year.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 8.7% in revenue from the year-earlier quarter to $8.28 billion.

Analyst Ratings: Analysts are bullish on this stock with eight analysts rating it as a buy, none rating it as a sell and six rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit fell 54.5% to $97 million (26 cents a share) from $213 million (57 cents a share) the year earlier, missing analyst expectations. Revenue rose 12.9% to $8.4 billion from $7.44 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 13.6%, with the biggest boost coming in the second quarter of the last fiscal year when revenue rose 15.7% from the year earlier quarter.

The company has now been profitable for the last eight quarters, and for the last four, profit has risen year over year by an average of 2.7%. The quarter with the biggest boost was the first quarter of the last fiscal year, which saw an 86.3% surge.

Competitors to Watch: Smithfield Foods, Inc. (NYSE:SFD), Hormel Foods Corporation (NYSE:HRL), Sanderson Farms, Inc. (NASDAQ:SAFM), Pilgrim’s Pride Corp. (NYSE:PPC), ZHONGPIN INC. (NASDAQ:HOGS) and Seaboard Corporation (AMEX:SEB).

Stock Price Performance: During December 29, 2011 to January 30, 2012, the stock price had dropped $2.13 (-10.2%) from $20.86 to $18.73. The stock price saw one of its best stretches over the last year between June 22, 2011 and July 1, 2011 when shares rose for eight-straight days, rising 6.8% (+$1.24) over that span. It saw one of its worst periods between September 15, 2011 and September 22, 2011 when shares fell for six-straight days, falling 6.7% (-$1.16) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com