SPRINGDALE — Tyson Foods Inc. on Monday reported fiscal fourth-quarter earnings of $391 million.
On a per-share basis, the Springdale-based company said it had net income of $1.03. Earnings, adjusted for pretax gains, were 96 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The meat producer posted revenue of $9.16 billion in the period.
For the year, the company reported profit of $1.77 billion, or $4.53 per share. Revenue was reported as $36.88 billion.
Tyson expects full-year earnings to be $4.70 to $4.85 per share.
Tyson shares have climbed 26 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed roughly 7 percent. The stock has climbed 52 percent in the last 12 months.