Tyson Foods, Inc. (NYSE:TSN) will release earnings for its second quarter before the opening bell on Monday, May 4.
Analysts expect the company to report quarterly earnings of 78 cents per share, down from 92 cents per share in the year-ago period. The consensus estimate for Tyson Foods’ quarterly revenue is $13.61 billion (it reported $13.07 billion last year), according to Benzinga Pro.
Ahead of quarterly earnings, Piper Sandler analyst Michael Lavery, on April 6, upgraded Tyson Foods from Neutral to Overweight and raised the price target from $61 to $75.
With the recent buzz around Tyson Foods, some investors may be eyeing potential gains from the company’s dividends too. As of now, Tyson Foods has an annual dividend yield of 3.18%, with a quarterly dividend of 51 cents per share ($2.04 per year).
So, how can investors exploit its …
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