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
The food service company tops analysts' earnings expectations but falls just short on revenue.
...
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.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
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