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TSN Reports In-Line Q3 EPS, Lowers Profit Forecast

TSN reports Q3 EPS of $0.99, misses sales estimates

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TSN reported in-line Q3 EPS of $0.99 on lighter than expected sales of $13.87B, below the $14.12B consensus and lowered its annual profit forecast to Outperform Income of $2.1B-$2.3B from prior view of $2.2B-$2.4B and narrowed its year sales view to +2.5%-3.5% from prior +2%-4% rise previously but was below Wall Street consensus for a 4.3% rise; shares -2.6% premarket - watch HRL JBS