Performance Food Group Co expected to post earnings of $1.14 a share - Earnings Preview

Performance Food

14/08/2023 12:09

* Performance Food Group Co  PFGC.N   PFGC.K  is expected
to show
a rise in quarterly revenue when it reports  results on August
16. 
    * The Richmond Virginia-based  company is expected to report
 a
3.3% increase in revenue to $15.066 billion from $14.59 billion
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Performance Food
Group Co
is for earnings of $1.14 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Performance
Food
Group Co is $70​, above​ its last closing price of $57.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.71        0.71       0.83      Beat    16.8
 Dec. 31 2023  0.76        0.75       0.83      Beat    10.3
 Sep. 30 2022  0.79        0.80       1.08      Beat    35.5​
 Jun. 30 2022  1.03        1.04       1.07      Beat    3.3
 ​​Mar.        0.52        0.51       0.51      Met     -0.9
 31 2022                                                
 Dec. 31 2021  0.48        0.50       0.57      Beat    14.9​
 Sep. 30 2021  0.43        0.42       0.43      Beat    2.3
 Jun. 30 2021  0.56        0.55       0.56      Beat    2.3
 This summary was machine generated August 14 at 11:09 GMT.  All
figures in US dollars  unless otherwise stated