Sysco shares jump 2.7% premarket after profit beat
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The company said it had net income of $267.4 million, or 51 cents a share, in the quarter to Dec. 29, down from $284.1 million, or 54 cents a share, in the year-earlier period. Adjusted per-share earnings came to 75 cents, ahead of the 73 cents FactSet consensus. Sales rose to $14.8 billion from $14.4 billion, matching the FactSet consensus.
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https://www.marketwatch.com/story/sysco-...2019-02-04
Sysco's Earnings Beat Estimates but Revenue Comes Up Shy
The food service company tops analysts' earnings expectations but falls just short on revenue.
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The Houston-based company reported third-quarter net income of $440.1 million, or 79 cents per share on an adjusted basis, on revenue that rose 2.2% from a year earlier to $14.66 billion.
Analysts polled by FactSet were expecting the company to report earnings of 70 cents per share on revenue of $14.77 billion.
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https://www.thestreet.com/investing/earn...yptr=yahoo
Sysco (SYY) Q1 Earnings Top Estimates
Sysco (SYY) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 1.03%. A quarter ago, it was expected that this food distributor would post earnings of $1.07 per share when it actually produced earnings of $1.10, delivering a surprise of 2.80%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Sysco, which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $15.30 billion for the quarter ended September 2019, missing the Zacks Consensus Estimate by 1.50%. This compares to year-ago revenues of $15.22 billion.
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https://finance.yahoo.com/news/sysco-syy...02241.html
Sysco (SYY) Surpasses Q2 Earnings Estimates
Sysco (SYY) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 1.19%. A quarter ago, it was expected that this food distributor would post earnings of $0.97 per share when it actually produced earnings of $0.98, delivering a surprise of 1.03%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Sysco, which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $15.03 billion for the quarter ended December 2019, missing the Zacks Consensus Estimate by 0.44%. This compares to year-ago revenues of $14.77 billion.
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https://finance.yahoo.com/news/sysco-syy...02734.html