Performance Food Group Co reports results for the quarter ended in June - Earnings Summary

Performance Food

16/08/2023 13:01

* Performance Food Group Co  PFGC.N  reported quarterly
adjusted
earnings of $1.14​​ per share for the quarter ended in June. The
mean expectation of twelve analysts for the quarter was
for earnings of $1.14 per share.
    * Revenue rose 1.9% to $14.87 billion from a year ago;
analysts
expected $15.07 billion. 
    * Performance Food Group Co's reported EPS for the quarter
was 96
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Performance Food Group Co shares had fallen by 4.6% this
quarter and lost 1.6% so far this year.
    * The company reported quarterly net income of $150.1
million.
    * Wall Street's median 12-month price target for Performance
Food
Group Co is $70.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 16 at 12:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.14           1.14           Met
 Mar. 31 2023      0.71           0.83           Beat
 Dec. 31 2022      0.75           0.83           Beat
 Sep. 30 2022      0.80           1.08           Beat