Performance Food Group Co reports results for the quarter ended June 30 - Earnings Summary

• Performance Food Group Co PFGC.N reported quarterly adjusted earnings of $1.55​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.45. The mean expectation of fifteen analysts for the quarter was for earnings of $1.45 per share. Wall Street expected results to range from $1.41 to $1.50 per share.

• Revenue rose 11.5% to $16.94 billion from a year ago; analysts expected $16.86 billion.

• Performance Food Group Co's reported EPS for the quarter was 84 cents​.

• The company reported quarterly net income of $131.5 million.

• Performance Food Group Co shares had risen by 12.4% this quarter and gained 16.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is also "buy"

• Wall Street's median 12-month price target for Performance Food Group Co is $105.00, about 6.3% above its last closing price of $98.36

This summary was machine generated from LSEG data August 13 at 01:31 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)