US Foods Holding Corp (NASDAQ:USFD) issued an update on its FY17 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.30-1.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.33. The company issued revenue guidance of +3-5% to ~$23.6-23.8 billion, compared to the consensus revenue estimate of $23.76 billion.
US Foods Holding Corp (NASDAQ USFD) traded down 0.34% during midday trading on Friday, hitting $26.62. 955,730 shares of the stock traded hands. The company has a 50-day moving average of $27.56 and a 200-day moving average of $27.89. US Foods Holding Corp has a 12 month low of $22.19 and a 12 month high of $30.73. The stock has a market cap of $5.96 billion and a PE ratio of 19.98.
US Foods Holding Corp (NASDAQ:USFD) last released its earnings results on Wednesday, August 9th. The company reported $0.37 EPS for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.02. US Foods Holding Corp had a return on equity of 10.08% and a net margin of 1.06%. The firm had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.03 billion. During the same quarter in the previous year, the company posted ($0.07) earnings per share. The company’s revenue was up 6.1% compared to the same quarter last year. On average, equities research analysts anticipate that US Foods Holding Corp will post $1.35 earnings per share for the current year.
US Foods Holding Corp Company Profile
US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.
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