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Performance Food (PFGC) Reports Q1 Earnings: What Key Metrics Have to Say
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For the quarter ended September 2024, Performance Food Group (PFGC - Free Report) reported revenue of $15.42 billion, up 3.2% over the same period last year. EPS came in at $1.16, compared to $1.15 in the year-ago quarter.
The reported revenue represents a surprise of +0.68% over the Zacks Consensus Estimate of $15.31 billion. With the consensus EPS estimate being $1.21, the EPS surprise was -4.13%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Performance Food performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Convenience: $6.36 billion versus $6.36 billion estimated by two analysts on average.
Revenue- Foodservice: $7.69 billion versus $7.58 billion estimated by two analysts on average.
Revenue- Eliminations: -$182.10 million versus the two-analyst average estimate of -$168.19 million.
Revenue- Corporate & All Othe: $256.10 million compared to the $251.73 million average estimate based on two analysts.
Revenue- Vistar: $1.29 billion compared to the $1.25 billion average estimate based on two analysts.
Shares of Performance Food have returned +5% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Performance Food (PFGC) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended September 2024, Performance Food Group (PFGC - Free Report) reported revenue of $15.42 billion, up 3.2% over the same period last year. EPS came in at $1.16, compared to $1.15 in the year-ago quarter.
The reported revenue represents a surprise of +0.68% over the Zacks Consensus Estimate of $15.31 billion. With the consensus EPS estimate being $1.21, the EPS surprise was -4.13%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Performance Food performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Convenience: $6.36 billion versus $6.36 billion estimated by two analysts on average.
- Revenue- Foodservice: $7.69 billion versus $7.58 billion estimated by two analysts on average.
- Revenue- Eliminations: -$182.10 million versus the two-analyst average estimate of -$168.19 million.
- Revenue- Corporate & All Othe: $256.10 million compared to the $251.73 million average estimate based on two analysts.
- Revenue- Vistar: $1.29 billion compared to the $1.25 billion average estimate based on two analysts.
View all Key Company Metrics for Performance Food here>>>Shares of Performance Food have returned +5% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.