Performance Food Group Co expected to post earnings of 75cents a share - Earnings Preview

Performance Food

06/02/2023 14:15

* Performance Food Group Co  PFGC.N   PFGC.K  is expected
to show
a rise in quarterly revenue when it reports  results on February
8. 
    * The Richmond Virginia-based  company is expected to report
 a
8.2% increase in revenue to $13.889 billion from $12.84 billion
a year ago, according to the mean estimate from 12 analysts,
based on Refinitiv data. The company's guidance on November 9
2022, for the period ended December 31, was for revenue between
$13.60 billion and $13.90 billion.
    * ​Refinitiv's mean analyst estimate for Performance Food
Group Co
is for earnings of 75 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "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 $61.12. ​​​

The company's guidance on January 9 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of 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  
 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. 31 2021  0.48        0.50       0.57      Beat    14.9
 ​​Sep.        0.43        0.42       0.43      Beat    2.3
 30 2021                                                
 Jun. 30 2021  0.56        0.55       0.56      Beat    2.3​
 Mar. 31 2021  0.27        0.28       0.19      Missed  -32.4
 Dec. 31 2020  0.26        0.26       0.35      Beat    32.4
 This summary was machine generated February 6 at 14:15 GMT.  All
figures in US dollars  unless otherwise stated