On Wednesday, August 12, Performance Food Group PFGC will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Analysts are expecting Performance Food Group to report EPS of $-0.24 per share. Revenue will likely be around $5.43 billion, according to the consensus estimate. In the same quarter last year, Performance Food Group posted EPS of $0.7 on sales of $5.90 billion. If the company were to report in-line earnings when it publishes results Wednesday, earnings would be down 134.29%. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q3 2020 | Q2 2020 | Q1 2019 | Q4 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.21 | 0.44 | 0.36 | 0.63 |
| EPS Actual | 0.58 | 0.58 | 0.50 | 0.70 |
| Revenue Estimate | 7.23 B | 6.13 B | 6.10 B | 5.64 B |
| Revenue Actual | 7.00 B | 6.07 B | 6.24 B | 5.90 B |
Stock Performance
Over the last 52-week period, shares are down 23.4%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Performance Food Group is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.pfgc.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2402902&sessionid=1&key=EC59117BC78BF79C1537ECB75A677406®Tag=&sourcepage=register
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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