Tyson Foods' stock surged 5.13% during pre-market trading following the release of its first-quarter 2026 financial results that exceeded analyst expectations.
The company reported adjusted earnings per share of $0.97, surpassing the consensus estimate of $0.94. Revenue reached $14.31 billion, also beating forecasts of $14.09 billion. The strong performance was primarily driven by robust demand for chicken products, which helped offset significant losses in the beef segment.
Tyson raised its full-year adjusted operating income outlook for chicken, pork and prepared foods while reducing projected losses for beef. The company also provided fiscal 2026 sales growth guidance of 2% to 4%, with the midpoint exceeding analysts' expectations.