Call Buyers Bet On New Highs In Tyson Food
My commentary on Tyson Food (TSN) for TraderPlanet.com
Tyson Foods (TSN), a $16B food production and distribution company, announced on November 19th at the Morgan Stanley Global Consumer and Retail Conference they expect to see adjusted 2015 EPS of $3.30-$3.40 per share ($1B+ in free cash flow on $42B in revenue). The company said they are optimistic 2015 will be a record year for earnings and revenue (over $500M of sales coming from Latin America). Synergies from the Hillshire Brands deal earlier this year are expected to top $225M next year…Click here to read the rest of the commentary.