Earnings Outlook For Sysco
Portfolio Pulse from Benzinga Insights
Sysco (NYSE:SYY) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $1.33. Last quarter, Sysco missed EPS by $0.02, resulting in a 0.63% drop in share price. Over the last 52-week period, Sysco's shares are down 10.88%.
July 31, 2023 | 4:01 pm
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NEGATIVE IMPACT
Sysco's upcoming earnings report could impact its stock price. Last quarter's EPS miss led to a 0.63% share price drop. Over the past year, Sysco's shares have declined by 10.88%.
Sysco's stock price has been negatively impacted by its earnings performance in the past. Last quarter, the company missed its EPS estimate, which led to a drop in its share price. Given this history, the upcoming earnings report could have a significant impact on Sysco's stock price, especially if the company fails to meet analysts' expectations again.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100