US Foods Holding Corp expected to post earnings of 93 cents a share - Earnings Preview

US Foods Holding

06/08/2024 19:52

* US Foods Holding Corp  USFD.N   USFD.K  is expected
to show a
rise in quarterly revenue when it reports  results on August 8
for the period ending June 30 2024
    * The Rosemont Illinois-based  company is expected to report
a
6.8% increase in revenue to $9.623 billion from $9.01 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for US Foods Holding Corp is
for
earnings of 93 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "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 US Foods
Holding
Corp is $64.00​, above​ its last closing price of $51.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.53        0.53       0.54      Beat    1.5
 Dec. 31 2024  0.66        0.67       0.64      Missed  -3.8
 Sep. 30 2023  0.67        0.69       0.70      Beat    1.7​
 Jun. 30 2023  0.75        0.76       0.79      Beat    4.2
 ​​Mar.        0.42        0.42       0.50      Beat    20.1
 31 2023                                                
 Dec. 31 2022  0.53        0.53       0.55      Beat    3​
 Sep. 30 2022  0.61        0.61       0.60      Missed  -1.6
 Jun. 30 2022  0.66        0.68       0.67      Missed  -1.7
 This summary was machine generated August 6 at 18:52 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)