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Tyson Foods(TSN Quote) swung to a fourth-quarter profit, but the meat producer offered weaker-than-expected guidance for the coming year.
Shares were slipping 30 cents, or 2%, to $14.75 early Monday.
For the fourth quarter ended Sept. 29, Tyson earned $32 million, or 9 cents a share, reversing a prior-year loss of $56 million, or 15 cents a share. Analysts had an average estimate for earnings of 10 cents a share, according to Thomson Financial.
Sales rose to $6.88 billion from $6.47 billion the prior year, exceeding Wall Street's estimate of $6.73 billion. ...
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