US Foods Holding Corp reports results for the quarter ended in December - Earnings Summary

US Foods Holding

15/02/2024 15:32

* US Foods Holding Corp  USFD.N  reported quarterly adjusted
earnings of 64 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 55 cents.  The mean expectation of
fourteen analysts for the quarter was for earnings of 67 cents
per share. Wall Street expected results to range from 62 cents
to 71 cents per share.
    * Revenue rose 4.9% to $8.94 billion from a year ago;
analysts
expected $8.79 billion. 
    * US Foods Holding Corp's reported EPS for the quarter was
59
cents​.
    * The company reported quarterly net income of $147 million.
    * US Foods Holding Corp shares had risen by 3.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for US Foods
Holding
Corp is $52.00 

This summary was machine generated from LSEG data February 15 at
03:31 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.67           0.64           Missed
 Sep. 30 2023      0.69           0.70           Beat
 Jun. 30 2023      0.76           0.79           Beat
 Mar. 31 2023      0.42           0.50           Beat