Tyson Q4 Net Profit Slides - Quick Facts

(RTTNews) - Tyson Foods Inc. (TSN) posted lower fourth-quarter net income attributable to the company of $137 million, or $0.35 per share, versus last year's $261 million, or $0.70 per share. On the other hand, quarterly adjusted earnings per share from continuing operations were up by 24% to $0.87 from $0.70 a year ago. Analysts polled by Thomson Reuters expected the company to report earnings of $0.76 per share for the quarter. Analysts' estimates typically exclude special items.

The firm clocked sales of $10.10 billion in the quarter, versus the prior-year figure of $8.89 billion, an increase of 14%. Wall Street analysts had a consensus revenue estimate of $10.16 billion.

Looking ahead to fiscal 2015, the firm expects overall domestic protein production (chicken, beef, pork and turkey) to increase around 1% from fiscal 2014 levels.