Jefferies analyst Kaumil Gajrawala initiates coverage on Coca-Cola (NYSE:KO) with a Hold rating and announces Price Target of $64.
Jefferies announces Coca-Cola (NYSE:KO) Price Target of $64 Read Post »
Jefferies analyst Kaumil Gajrawala initiates coverage on PepsiCo (NASDAQ:PEP) with a Buy rating and announces Price Target of $203.
Jefferies announces PepsiCo (NASDAQ:PEP) Price Target of $203 Read Post »
Tyson Foods Reports Fourth Quarter and Fiscal 2023 Results Tyson Foods Sees Another Quarter of Sequential Adjusted Operating Income Growth with Continued Focus on Operational Excellence SPRINGDALE, Ark., Nov. 13, 2023– Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results: (in millions, except per share data) Fourth Quarter Twelve Months Ended ———————– 2023 2022 2023 2022 ——– ——- ——– Sales $13,348 $13,737 $ 52,881 $ 53,282 Operating Income (Loss) $ (463) $ 766 $ (395) $ 4,410 Adjusted(1) Operating Income (non-GAAP) $ 236 $ 823 $ 933 $ 4,414 Net Income (Loss) Per Share Attributable to Tyson $ (1.31) $ 1.50 $ (1.87) $ 8.92 Adjusted(1) Net Income Per Share Attributable to Tyson (non-GAAP) $ 0.37 $ 1.63 $ 1.34
Tyson Foods Reports Fourth Quarter and Fiscal 2023 Results Read Post »
Tyson Foods Q4 Adj. EPS 37 Cents Vs. $1.63 a Year Ago, Beats the FactSet Consensus 29 Cents。
Tyson Foods (NYSE:TSN) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.29 by 27.59 percent. This is a 77.3 percent decrease over earnings of $1.63 per share from the same period last year. The company reported quarterly sales of $13.35 billion which missed the analyst consensus estimate of $13.73 billion by 2.78 percent. This is a 2.83 percent decrease over sales of $13.74 billion the same period last year.
Tyson Foods Q4 EPS $0.37 Beats $0.29 Estimate, Sales $13.35B Miss $13.73B Estimate Read Post »
Pfizer Inc. (NYSE:PFE) Truist Securities BioPharma Symposium November 9, 2023 12:35 PM ET Company Participants Aamir Malik – Executive Vice President and Chief Business Innovation Officer Conference Call Participants Robyn Karnauskas – Truist Securities Robyn Karnauskas Good afternoon. Thanks so much for joining us. I’m Robyn Karnauskas, one of the biotech analysts at Truist. I’m so excited to have for a keynote this afternoon from Pfizer, Aamir Malik, the Chief Business Innovation Officer and Executive Vice President. So thank you very much for taking the time and doing this talk instead of doing more important things. I really appreciate it. Aamir Malik It’s nice to be with you. Thanks for having me. Question-and-Answer Session Q – Robyn Karnauskas So I guess the first question is, given your role as the Chief Business Innovation Officer, how do you see Pfizer’s approach to innovation compared to other pharma companies? And how does
Pfizer Inc. (PFE) Presents at Truist Securities BioPharma Symposium (Transcript) Read Post »
QUALCOMM Incorporated (NASDAQ:QCOM) Deutsche Bank AutoTech Conference November 9, 2023 1:30 PM ET Company Participants Nakul Duggal – SVP & General Manager, Automotive & Cloud Computing Mauricio Lopez-Hodoyan – VP, IR Conference Call Participants Ross Seymore – Deutsche Bank Ross Seymore Right. Good morning and good afternoon to everyone. I’m Ross Seymore, the U.S. semiconductor analyst here at Deutsche Bank. Welcome to the 8th Annual Deutsche Bank AutoTech Conference. We’re very pleased to have our next discussion here with Qualcomm and specifically, Nakul Duggal, who is the Senior Vice President and GM of the Automotive and the Cloud Computing effort there, well obviously we’ll be talking about the automotive side today. So Nicole, thank you very much for joining us. I wanted to just start off with a little bit of near-term dynamics and market dynamics and then get into the meet of the discussion on what Qualcomm is doing
QUALCOMM Incorporated (QCOM) Deutsche Bank AutoTech Conference (Transcript) Read Post »
The Walt Disney Company Reports Fourth Quarter and Full Year Earnings for Fiscal 2023 BURBANK, Calif.—-November 08, 2023– The Walt Disney Company (NYSE: DIS) today reported earnings for its fourth quarter and full year ended September 30, 2023. Financial Results for the Quarter and Full Year: — Revenues for the quarter and year grew 5% and 7% compared to the prior-year quarter and prior year, respectively. — Diluted earnings per share (EPS) from continuing operations for the quarter increased to $0.14 from $0.09 in the prior-year quarter and for the year, decreased to $1.29 from $1.75 in the prior year. — Excluding certain items(1), diluted EPS for the quarter increased to $0.82 from $0.30 in the prior-year quarter and for the year, increased to $3.76 from $3.53 in the prior year. Key Points: — Disney+ added nearly 7 million core subscribers in the fourth quarter. Key streaming content in the
The Walt Disney Company Reports Fourth Quarter and Full Year Earnings for Fiscal 2023 Read Post »
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target price of $72, up $2, reflects a 6.5x multiple of enterprise value to projected ’24 EBITDA, in line with OXY’s historical forward average. We raise our ’23 EPS estimate by $0.60 to $4.17 and ’24’s by $0.40 to $5.24. Q3 EPS of $1.18 vs. $2.44 beat the consensus view by $0.32. Q3 production averaged 1.22 mmboe/d, up 3.6% year-over-year, and 2.1% above consensus, with outperformance derived from a variety of basins. OXY guided to Q4 production flat to slightly higher sequentially, but we note that OXY’s Delaware Basin productivity from new wells has gradually improved over time, which we believe implies that its target production levels can be achieved at relatively low capex. OXY redeemed an additional 3% of its preferred stock outstanding in
CFRA Keeps Buy Opinion On Shares Of Occidental Petroleum Corporation Read Post »
Disney Q4 2023 Total Hulu Paid Subscribers 48.5M, Disney+ Core 112.6M.
Disney Q4 2023 Total Hulu Paid Subscribers 48.5M, Disney+ Core 112.6M Read Post »
Arm Holdings Q2 2024 EPS $0.36 Up From $0.17 YoY, Revenue $806M Up From $630M YoY.
Arm Holdings Q2 2024 EPS $0.36 Up From $0.17 YoY, Revenue $806M Up From $630M YoY Read Post »
Warner Bros. Discovery will not meet deleveraging targets by the end of 2024 without a recovery in TV ads, CFO warns Warner Bros. Discovery Inc.’s stock tumbled 18% Wednesday to put it on track for its worst one-day performance in more than two years, after the studio and streaming-video company reported a wider-than-expected third-quarter loss. Adding to the gloom, the company (WBD) warned on its call that it would not meet debt-repayment targets if the TV ad market fails to revive. The company’s loss came to $417 million, or 17 cents a share, for the quarter, narrower than the loss of $2.31 billion, or 95 cents a share, posted in the year-ago period. But it was wider than the FactSet consensus for a loss of 9 cents a share. Revenue grew 1.6% to $9.98 billion, just above the FactSet consensus of $9.97 billion. Read also: Cinemark is well-positioned for postpandemic
Warner Bros.’ Stock on Track for Worst Day in Two Years After Warning About Debt Read Post »