BUZZ-Tyson Foods up after second-quarter profit, sales beat

Tyson Foods, Inc. Class A

Tyson Foods, Inc. Class A

TSN

0.00

** Shares of meat packer Tyson Foods TSN.N up 2% at $64.92 premarket

** Co beats quarterly profit, sales as rising chicken sales offset weaker demand for high-priced beef

** Reports Q2 adjusted EPS of 87 cents vs analysts' average estimate of 78 cents - LSEG data

** Quarterly sales increased 4.4% to $13.65 billion, compared with expectations of $13.61 billion

** Co reaffirms annual sales forecast and raises adjusted operating income outlook to $2.2 billion to $2.4 billion, from $2.1 billion to $2.3 billion previously

** As of last close, TSN was up ~9% YTD


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