Performance Food Group Co expected to post earnings of 92 cents a share - Earnings Preview

Performance Food

05/02/2024 13:41

* Performance Food Group Co  PFGC.N   PFGC.K  is expected
to show
a rise in quarterly revenue when it reports  results on February
7 for the period ending December 31 2023
    * The Richmond Virginia-based  company is expected to report
a
2.7% increase in revenue to $14.275 billion from $13.9 billion a
year ago, according to the mean estimate from 13 analysts, based
on LSEG data.The company's guidance on November 8 2023, for the
period ended December 31, was for revenue between $14.00 billion
and $14.30 billion.
    * ​LSEG's mean analyst estimate for Performance Food Group
Co is
for earnings of 92 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "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 $78.00​, above​ its last closing price of $74.47.
​​​

The company's guidance on November 8 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD14 billion and
USD345 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.11        1.10       1.15      Beat    5
 Jun. 30 2023  1.14        1.14       1.14      Met     -0.2
 Mar. 31 2023  0.71        0.71       0.83      Beat    16.8​
 Dec. 31 2022  0.76        0.75       0.83      Beat    10.3
 ​​Sep.        0.79        0.80       1.08      Beat    35.5
 30 2022                                                
 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
 This summary was machine generated February 5 at 13:41 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)