US Foods Hldg Q3 Adj EPS $0.70 Beats $0.69 Estimate, Sales $9.11B Miss $9.16B Estimate
Portfolio Pulse from Benzinga Newsdesk
US Foods Hldg (NYSE:USFD) reported Q3 adjusted earnings of $0.70 per share, beating the analyst consensus estimate of $0.69 by 1.45%. However, the company's quarterly sales of $9.11 billion missed the analyst consensus estimate of $9.16 billion by 0.59%.
November 09, 2023 | 11:46 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
US Foods Hldg's Q3 earnings beat estimates but sales missed, which may have mixed effects on the stock.
US Foods Hldg's earnings beat could boost investor confidence and potentially drive the stock price up. However, the sales miss could offset this positive impact, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100