SPRINGDALE, Ark. (AP) — Tyson Foods Inc. (TSN) on Monday reported fiscal third-quarter net income of $676 million.
On a per-share basis, the Springdale, Arkansas-based company said it had profit of $1.84. Earnings, adjusted for non-recurring gains, came to $1.47 per share.
The meat producer posted revenue of $10.89 billion in the period.
Tyson expects full-year earnings in the range of $5.75 to $6.10 per share.
Tyson shares have increased 49% since the beginning of the year, while the Standard & Poor's 500 index has climbed 17%. The stock has climbed 38% in the last 12 months.