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Sysco Corp reports results for the quarter ended June 30 - Earnings Summary

Sysco Corp SYY.N reported quarterly adjusted earnings of $1.48​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.39.  The mean expectation of seventeen analysts for the quarter was for earnings of $1.39 per share. Wall Street expected results to range from $1.34  to $1.43 per share.

Revenue rose 2.8% to $21.14 billion from a year ago; analysts expected $21.03 billion.

Sysco Corp's reported EPS for the quarter was $1.10​.

The company reported quarterly net income of $531 million.

Sysco Corp shares had risen by 6.1% this quarter and gained 5.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.9% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is also "buy"

Wall Street's median 12-month price target for Sysco Corp is $81.23, about 1.1% above its last closing price of $80.35

This summary was machine generated from LSEG data July 29 at 01:31 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.391.48Beat
Mar. 31 20251.030.96Missed
Dec. 31 20240.930.93Met
Sep. 30 20241.131.09Missed

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