30.01.2024 14:05:54 - dpa-AFX: Sysco Corp. Q2 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Sysco Corp. (SYY) reported earnings for its second
quarter that increased from the same period last year and beat the Street
estimates.

The company's bottom line came in at $415.24 million, or $0.82 per share. This
compares with $141.22 million, or $0.28 per share, in last year's second
quarter.

Excluding items, Sysco Corp. reported adjusted earnings of $449.00 million or
$0.89 per share for the period.

Analysts on average had expected the company to earn $0.87 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 3.8% to $19.29 billion from $18.59
billion last year.

Sysco Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $415.24 Mln. vs. $141.22 Mln. last year.
-EPS (Q2): $0.82 vs. $0.28 last year.
-Analyst Estimate: $0.87
-Revenue (Q2): $19.29 Bln vs. $18.59 Bln last year.


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
SYSCO CORP. DL 1 859121 Xetra 70,150 16.05.24 15:31:35 -0,640 -0,90% 70,480 70,610 70,170 70,790

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH