DailyIQ

TSN Earnings

Company • Q3 2026 earnings report

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Report date
-
Timing
-
Period
2026Q3
EPS EstimateEPS ActualRevenue EstimateRevenue Actual
- Not available yet - Not available yet
Actuals update automatically shortly after the company reports.
TSN|EarningsTSN

TSN Financials

Full financials →
64/ 100
Moderately positive
Verdict: Neutral
Revenue growing year over year
Gross Margin
6.5%
Operating Margin
2%
Net Margin
0.9%
FCF Margin
2.2%
R&D / Revenue
0.2%
Revenue CAGR
4.2%
Current Ratio
1.55x
Debt / Equity
0.49x
Return on Equity
2.6%
Return on Assets
1.3%

Financial Statements

Line Item
Q4 '25
Q3 '25
Q2 '25
Q1 '25
Q4 '24
Q3 '24
Q2 '24
Q1 '24
Q4 '23
Q3 '23
Q2 '23
Q1 '23
Income Statement
Revenue
$13.88B 4.0%
$13.07B 0.0%
$13.62B 2.3%
$13.35B 1.6%
$13.07B 0.5%
$13.32B 0.4%
$13.14B
$13.13B
$13.26B
Cost of Revenue
$13.13B 5.0%
$12.74B 2.1%
$12.47B 2.2%
$12.53B 0.3%
$12.51B 3.0%
$12.47B 0.1%
$12.21B 3.2%
$12.50B 1.7%
$12.89B
$12.46B
$12.61B
$12.29B
Gross Profit
$726.00M 31.5%
$1.14B 30.0%
$600.00M 30.7%
$1.09B 33.0%
$1.06B 130.9%
$878.00M 29.7%
$866.00M 64.3%
$823.00M 15.0%
$459.00M
$677.00M
$527.00M
$968.00M
Operating Income
$158.00M 69.9%
$260.00M 23.8%
$100.00M 67.9%
$580.00M 151.1%
$525.00M 213.4%
$341.00M 197.4%
$312.00M 736.7%
$231.00M 50.5%
-$463.00M
-$350.00M
-$49.00M
$467.00M
SG&A Expense
$568.00M 6.2%
$538.00M 0.2%
$500.00M 9.7%
$515.00M 13.0%
$535.00M 9.2%
$537.00M 7.3%
$554.00M 3.8%
$592.00M 18.2%
$589.00M
$579.00M
$576.00M
$501.00M
Interest Expense
$106.00M 18.5%
$113.00M 16.3%
$110.00M 0.9%
$120.00M 14.3%
$130.00M
$135.00M 51.7%
$111.00M 24.7%
$105.00M 25.0%
$89.00M
$89.00M
$84.00M
Pretax Income
$68.00M 85.7%
$193.00M 23.7%
$30.00M 85.2%
$478.00M 196.9%
$475.00M 185.4%
$253.00M 159.4%
$203.00M 256.2%
$161.00M 62.9%
-$556.00M
-$426.00M
-$130.00M
$434.00M
Income Tax Expense
$10.00M 91.0%
$124.00M 117.5%
$16.00M 70.9%
$112.00M 138.3%
$111.00M 198.2%
$57.00M 533.3%
$55.00M 241.0%
$47.00M 58.8%
-$113.00M
$9.00M
-$39.00M
$114.00M
Net Income
$61.00M 68.1%
$7.00M 95.2%
$359.00M 235.5%
$191.00M 145.8%
$145.00M 249.5%
$107.00M 66.1%
-$417.00M
-$97.00M
$316.00M
Comprehensive Income
$119.00M 19.6%
$35.00M 64.3%
$262.00M 61.7%
$148.00M 132.7%
$98.00M 228.9%
$162.00M 59.3%
-$452.00M
-$76.00M
$398.00M
EPS (Diluted)
$0.13 87.0%
$0.17 68.5%
$0.02 95.1%
$1.01 236.7%
$1.00 177.5%
$0.54 145.8%
$0.41 246.4%
$0.30 65.9%
$-1.29
$-1.18
$-0.28
$0.88
Weighted Avg Shares (Diluted)
-714.00M 0.6%
357.00M 0.3%
357.00M 0.6%
357.00M 0.6%
-710.00M 9.2%
356.00M 0.6%
355.00M 0.3%
355.00M 0.8%
-782.00M
354.00M
354.00M
358.00M
Cash Flow
Operating Cash Flow
$535.00M 13.3%
$774.00M 2.8%
-$185.00M 50.4%
$1.03B 20.7%
$617.00M 91.0%
$796.00M 20.6%
-$123.00M 1857.1%
$1.30B 70.6%
$323.00M
$660.00M
$7.00M
$762.00M
Capital Expenditures
$287.00M 15.7%
$227.00M 13.7%
$193.00M 27.7%
$271.00M 23.4%
$248.00M 33.9%
$263.00M 43.7%
$267.00M 47.4%
$354.00M 39.9%
$375.00M
$467.00M
$508.00M
$589.00M
Free Cash Flow
$248.00M 32.8%
$547.00M 2.6%
-$378.00M 3.1%
$760.00M 19.7%
$369.00M 809.6%
$533.00M 176.2%
-$390.00M 22.2%
$946.00M 446.8%
-$52.00M
$193.00M
-$501.00M
$173.00M
Investing Cash Flow
-$260.00M 664.7%
$9.00M 103.9%
-$181.00M 25.5%
-$233.00M 38.4%
-$34.00M 92.0%
-$233.00M 66.5%
-$243.00M 52.1%
-$378.00M 43.5%
-$427.00M
-$696.00M
-$507.00M
-$669.00M
Financing Cash Flow
-$600.00M 59.0%
-$245.00M 45.8%
-$937.00M 187.0%
-$195.00M 650.0%
-$1.46B 11161.5%
-$168.00M 183.2%
$1.08B 182.7%
-$26.00M 94.6%
-$13.00M
$202.00M
$381.00M
-$482.00M
Dividends Paid
$173.00M 1.2%
$175.00M 2.3%
$174.00M 1.8%
$175.00M 2.3%
$171.00M 2.4%
$171.00M 2.4%
$171.00M 2.4%
$171.00M 1.2%
$167.00M
$167.00M
$167.00M
$169.00M
Balance Sheet
Total Assets
$36.66B 1.2%
$36.46B 3.4%
$36.28B 3.2%
$37.31B 1.5%
$37.10B 2.3%
$37.73B 2.6%
$37.47B 1.8%
$36.75B 0.2%
$36.25B
$36.76B
$36.80B
$36.68B
Current Assets
$9.92B 1.7%
$9.86B 6.7%
$9.17B 8.0%
$10.08B 9.4%
$9.75B 11.8%
$10.57B 19.0%
$9.97B 12.1%
$9.22B 2.9%
$8.72B
$8.88B
$8.89B
$8.95B
Cash & Equivalents
$1.23B 28.4%
$1.55B 39.8%
$992.00M 54.5%
$2.29B 54.4%
$1.72B 199.7%
$2.57B 267.5%
$2.18B 301.8%
$1.48B 126.9%
$573.00M
$699.00M
$543.00M
$654.00M
Accounts Receivable
$2.52B 4.9%
$2.45B 2.7%
$2.38B 1.1%
$2.32B 2.7%
$2.41B 2.8%
$2.39B 2.5%
$2.36B 3.1%
$2.26B 1.4%
$2.48B
$2.45B
$2.43B
$2.29B
Inventory
$5.68B 9.4%
$5.44B 8.0%
$5.39B 6.7%
$5.11B 0.5%
$5.20B 2.5%
$5.03B 6.6%
$5.06B 8.1%
$5.09B 9.1%
$5.33B
$5.39B
$5.50B
$5.60B
Goodwill
$9.47B 3.6%
$9.47B 3.4%
$9.80B 0.7%
$9.80B 0.8%
$9.82B 0.6%
$9.80B 4.0%
$9.88B 6.4%
$9.88B 6.3%
$9.88B
$10.21B
$10.55B
$10.55B
Intangible Assets
$1.55B 14.0%
$5.68B 4.1%
$5.74B 4.1%
$5.80B 4.1%
$1.80B 11.0%
$5.93B 3.7%
$5.99B 2.8%
$6.05B 2.7%
$2.02B
$6.16B
$6.16B
$6.21B
Total Liabilities
$18.57B 0.7%
$18.13B 7.8%
$17.88B 7.7%
$18.81B 1.1%
$18.71B 3.3%
$19.66B 9.3%
$19.38B 11.4%
$18.60B 9.1%
$18.12B
$17.98B
$17.40B
$17.04B
Current Liabilities
$6.39B 33.5%
$5.69B 2.1%
$5.49B 2.5%
$4.78B 22.6%
$4.79B 26.3%
$5.81B 17.4%
$5.63B 5.4%
$6.17B 20.7%
$6.50B
$4.95B
$5.35B
$5.11B
Accounts Payable
$2.60B 8.3%
$2.37B 3.6%
$2.35B 4.7%
$2.50B 4.8%
$2.40B 7.4%
$2.29B 5.4%
$2.24B 6.0%
$2.62B 3.7%
$2.59B
$2.42B
$2.39B
$2.53B
Long-Term Debt
$7.92B 18.4%
$8.18B 15.7%
$8.17B 15.3%
$9.71B 16.0%
$9.71B 27.6%
$9.70B 9.5%
$9.64B 22.6%
$8.37B 6.5%
$7.61B
$8.86B
$7.87B
$7.86B
Short-Term Debt
$909.00M 1128.4%
$886.00M 32.9%
$896.00M 31.9%
$95.00M 92.7%
$74.00M 96.1%
$1.32B 188.8%
$1.31B 23.5%
$1.31B 166.9%
$1.90B
$457.00M
$1.06B
$490.00M
Total Equity
$18.09B 1.7%
$18.34B 1.4%
$18.40B 1.7%
$18.50B 1.9%
$18.39B 1.4%
$18.08B 3.7%
$18.09B 6.8%
$18.15B 7.6%
$18.13B
$18.78B
$19.40B
$19.64B
Retained Earnings
$18.65B 1.2%
$18.77B 0.5%
$18.89B 1.2%
$19.05B 1.9%
$18.87B 0.6%
$18.69B 3.6%
$18.67B 6.5%
$18.69B 7.6%
$18.76B
$19.38B
$19.96B
$20.23B
Treasury Stock
$5.10B 3.3%
$4.95B 0.2%
$4.92B 0.1%
$4.92B 0.3%
$4.94B 0.6%
$4.94B 0.4%
$4.93B 0.6%
$4.91B 0.7%
$4.97B
$4.96B
$4.96B
$4.94B

Recent News Coverage

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What Typically Drives Post-Earnings Stock Moves

EarningsReleasedTime →Stock PriceBeatMissPre-earnings drift

Stock prices after earnings announcements are driven by expectations vs. reality. If the market expected a company to report $3.00 EPS and it reports $3.10, the stock may rally - but if expectations were $3.20, the same $3.10 result could trigger a selloff. This is why understanding consensus estimates (the average of all analyst predictions) is crucial. Stocks don't move on absolute performance; they move on performance relative to what was already priced in.

Beyond the headline numbers, investors focus heavily on forward guidance. Guidance is management's prediction for the next quarter or full year. A company that beats current earnings but lowers future guidance will often see its stock fall, because the market values future cash flows more than past results. Conversely, a miss with raised guidance can rally the stock. This is why experienced investors listen to earnings calls and read guidance statements - not just the press release headlines.

Profit margins are another critical driver. If a company grows revenue but margins shrink, it suggests pricing pressure or rising costs. Investors prefer expanding margins, which indicate pricing power and operational efficiency. For example, a company reporting 20% revenue growth with flat margins is less impressive than 10% growth with expanding margins. The latter signals a sustainable, high-quality business model.

Finally, market positioning and sector trends matter. During a bull market, stocks often rise on mediocre earnings because investor sentiment is positive. During bear markets, even strong earnings may not prevent selloffs. Additionally, if peers in the same industry are reporting weak results, a company's strong report might be viewed as an outlier rather than a trend. Always consider the broader market context and sector health when interpreting earnings reactions.

How to Interpret This Earnings Report

Earnings reports are the financial scorecards that companies release every quarter. They contain two critical metrics: Earnings Per Share (EPS) and Revenue. EPS represents the company's profit divided by the number of outstanding shares - essentially, how much money the company made for each share of stock. Revenue is the total money the company brought in before expenses. Both metrics are compared against analyst estimates to determine if the company "beat" or "missed" expectations.

When you see "EPS Estimate" vs. "EPS Actual," you're comparing what Wall Street analysts predicted versus what the company actually delivered. A company that reports EPS of $2.50 when estimates were $2.30 has beaten earnings by $0.20 per share. This often triggers a positive stock reaction, but not always. The market cares equally about revenue growth, future guidance, and profit margins. A company can beat EPS estimates while missing revenue targets, which suggests they cut costs rather than grew sales - a less sustainable path.

Understanding year-over-year (YoY) vs. quarter-over-quarter (QoQ) comparisons is critical. YoY compares this quarter to the same quarter last year, accounting for seasonal business patterns. QoQ compares consecutive quarters and reveals short-term momentum. For example, a retailer's Q4 (holiday season) will always be stronger than Q1 - so comparing Q4 to Q1 is misleading. Always focus on YoY growth for long-term trends and QoQ for recent acceleration or deceleration.

Finally, remember that initial market reactions can be misleading. Stocks sometimes fall on earnings beats because investors were expecting an even larger beat, or because forward guidance disappointed. Conversely, stocks can rise on earnings misses if the company provided optimistic future projections or if the miss was smaller than feared. The key is to focus on fundamentals: Is revenue growing? Are profit margins expanding? Is the company gaining or losing market share? These factors matter far more than a single quarter's results.