August 5, 2019 / 11:41 AM / 17 days ago

Tyson Foods quarterly revenue misses estimates

Aug 5 (Reuters) - Tyson Foods Inc fell short of analysts’ estimates for quarterly revenue on Monday, as the No.1 U.S. meat processor was hit by lower chicken prices.

Net income attributable to the company rose to $676 million, or $1.84 per share, in the third quarter ended June 29, from $541 million, or $1.47 per share, a year earlier.

Sales rose 8.3% to $10.89 billion.

Analysts on average had expected revenue of $11.05 billion, according to IBES data from Refinitiv. (Reporting by Soundarya J in Bengaluru; Editing by Sriraj Kalluvila)

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