Performance Food Group Co expected to post earnings of 71  cents a share - Earnings Preview

Performance Food

08/05/2023 19:36

* Performance Food Group Co  PFGC.N   PFGC.K  is expected
to show
a rise in quarterly revenue when it reports  results on May 10. 
    * The Richmond Virginia-based  company is expected to report
 a
6.3% increase in revenue to $13.9 billion from $13.08 billion a
year ago, according to the mean estimate from 9 analysts, based
on Refinitiv data. The company's guidance on February 23 2023,
for the period ended March 31, was for revenue between $13.70
billion and $14.00 billion.
    * ​Refinitiv's mean analyst estimate for Performance Food
Group Co
is for earnings of 71 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 2
"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 $72​, above​ its last closing price of $62.01. ​​​

The company's guidance on February 23 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD13.7 billion and USD290 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.52        0.51       0.51      Met     -0.9
 ​​Dec.        0.48        0.50       0.57      Beat    14.9
 31 2021                                                
 Sep. 30 2021  0.43        0.42       0.43      Beat    2.3​
 Jun. 30 2021  0.56        0.55       0.56      Beat    2.3
 Mar. 31 2021  0.27        0.28       0.19      Missed  -32.4
 This summary was machine generated May 8 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated