HUTCHINSON —Tyson Foods posted third-quarter earnings Monday that were largely in-line with Wall Street forecasts, while confirming its 2019 profit guidance, but noted optimism for export markets in the coming financial year.

The meat and poultry company reported adjusted fiscal third quarter, at $1.47 per share, essentially flat from last year and matching the Street consensus forecast. Group revenues, the company said, rose 3.56% from last year to $10.855 billion, narrowly missing analyst estimates of a $10.95 billion tally.

Sales volume decreased for the third quarter and first nine months of fiscal 2019 in the prepared food segment primarily from business divestitures.

Operating income was relatively flat for the third quarter of fiscal 2019 as compared to the third quarter of fiscal 2018 despite increased raw material costs. Operating income increased for the first nine months of fiscal 2019 due to strong demand for products. Sales of prepared foods totaled $2.08 billion a drop of 7.4%.

Tyson is still waiting to see the full impact of the swine fever outbreak in China that could have a dramatic impact on pork exports out of the US in the coming year.