Tyson Foods

(TSN) - Get Report

said it expects to roughly break even in the second quarter, a forecast that is down considerably from the poultry producer's previous guidance.

The company will record a charge in the quarter of 2 cents to 3 cents a share from a product recall and the divestiture of its North Caroline hog operation. Winter weather, which caused both transportation and energy difficulties, will reduce earnings another 3 cents or 4 cents a share.

Tyson, which is based in Springdale, Ark., originally offered a profit forecast of 6 cents to 10 cents a share for the second quarter. Seven analysts polled by

First Call/Thomson Financial

arrived at a consensus estimate of 9 cents a share, but the company now expects earnings to be "at or near break-even."

Tyson recently disclosed plans to acquire

IBP

(IBP) - Get Report

, a pork and beef processor, but IBP's

accounting problems have stalled the deal.

Shares of Tyson lost 56 cents, or 4.2%, to $12.91 in recent

New York Stock Exchange

trading.