Tyson Foods (TSN) shares took o𝐆ff Tuesday after the meat processor bꦏeat profit and sales estimates as higher prices helped boost beef and chicken sales.

The company posted fourth-quarter adjusted earnings per share (EPS) of 92 cents, above the analysts' estimates compiled by Visible Alpha. Revenue was up 1.6% year-over-year to $13.57 billion, also ahead of forecasts.

Beef sales gained 4.6% to $5.26 billion, while chicken sales increased 2.3% to $4.25 billion as prices rose. Pork prices sank 6.9%, s🍌ending sales tumbling 3.7% to $1.44 billion.

Tyson's fiscal 2024 revenue came in at $53.31 billion, more than the company 澳洲幸运5官方开奖结果体彩网:had projected in the third quarter. CEO Donnie King said Tℱyson “delivered significant improvement in profitability for the fourth quarter and full year.”

The company said it anticipates full-year 2025 revenue as ✃flat to down 1% from 2024, below expectations. 

Tyson shares were up over 8% in intraday trading Tuesday and have added over 18%🐈 since the start of the year.