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Tyson Foods beats Q2 earnings estimates, yet shares drop 9.7% post-weaker Q1 results.
Tyson Foods reported stronger-than-expected earnings for the second quarter, with adjusted earnings per share at 92 cents, surpassing analysts' forecasts of 85 cents.
Despite a slight miss on revenue, the company's chicken segment saw robust growth, contributing to overall financial health.
Shares, however, recently fell 9.7% following weaker first-quarter results, creating potential buying opportunities despite the price drop.
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Tyson Foods supera las estimaciones de ganancias del segundo trimestre, sin embargo, las acciones caen un 9,7% después de resultados débiles del primer trimestre.