010105 Tyson Forecasts EarningsJanuary 4, 2001Chicago - Tyson Foods Inc. said that its earnings in the first and second quarters would range from 8 cents to 12 cents a share, in line with expectations. Springdale, Ar-based chicken producer Tyson disclosed the forecast during a conference call with analysts to discuss the implications of buying the nation's largest beefpacker. The company was expected to earn 9 cents a share on average in the first quarter, and 12 cents a share in the second quarter, based on a forecast of analysts surveyed by First Call/Thomson Financial, which tracks earnings. Tyson also said that it expects capital expenditures ranging from $550 million to $600 million, as it works to combine the operations of South Dakota- based IBP. E-mail: sflanagan@sprintmail.com |