Tyson Foods (NYSE:TSN) delivered a stronger-than-expected performance in the first quarter, sending its shares up around 2% intra-day today. The food processing giant exceeded Wall Street estimates on both earnings and revenue, highlighting improving operational execution and robust growth in its poultry division.

For the quarter, Tyson reported adjusted earnings per share of $1.14, significantly outpacing analyst expectations of $0.90. Revenue climbed 2.3% year-over-year to reach $13.62 billion, surpassing the consensus forecast of $13.5 billion.

The company's poultry segment was the standout performer, with operating income more than doubling to $351 million from $177 million a year earlier. Improved efficiency and pricing strength contributed to an adjusted operating margin expansion in the chicken segment, rising from 4.8% to 9.1%.

Looking forward, Tyson provided an optimistic outlook for fiscal 2025, projecting adjusted operating income between $1.9 billion and $2.3 billion. Sales are expected to remain flat or grow modestly compared to fiscal 2024, signaling confidence in continued stability across its business units.