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

Performance Food

10/05/2023 14:32

* Performance Food Group Co  PFGC.N  reported quarterly
adjusted
earnings of 83 cents​​ per share for the quarter ended in March.
The mean expectation of fourteen analysts for the quarter was
for earnings of 71 cents per share.
    * Revenue rose 5.3% to $13.77 billion from a year ago;
analysts
expected $13.90 billion. 
    * Performance Food Group Co's reported EPS for the quarter
was 51
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Performance Food Group Co shares had risen by 2.3% this
quarter and gained 5.7% so far this year.
    * The company reported quarterly net income of $80.3
million.
    * Wall Street's median 12-month price target for Performance
Food
Group Co is $72.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
10 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.71           0.83           Beat
 Dec. 31 2022      0.75           0.83           Beat
 Sep. 30 2022      0.80           1.08           Beat
 Jun. 30 2022      1.04           1.07           Beat