Earnings Outlook For Sysco
Portfolio Pulse from Benzinga Insights
Sysco (NYSE:SYY) is set to release its latest quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $1.04. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. Sysco's shares are currently trading at $64.49, down 22.19% over the last 52-week period.
October 30, 2023 | 5:01 pm
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Sysco's upcoming earnings report could impact its stock price. Despite beating EPS estimates in the past, the company's share price has often dropped. The stock is currently down 22.19% over the last 52 weeks.
Sysco has a history of beating EPS estimates but experiencing a drop in share price. Given this pattern and the fact that the stock is down 22.19% over the last 52 weeks, the upcoming earnings report could potentially lead to further decline in the stock price.
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