Recap: US Foods Hldg Q3 Earnings
Portfolio Pulse from Benzinga Insights
US Foods Hldg (NYSE:USFD) reported its Q3 earnings results, beating estimated earnings by 1.45% with an EPS of $0.7 versus an estimate of $0.69. Revenue was up $189.00 million from the same period last year. Last quarter, the company beat on EPS by $0.03, which was followed by a 0.22% increase in the share price the next day.
November 09, 2023 | 11:50 am
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US Foods Hldg reported better than expected Q3 earnings, which could lead to a positive impact on its stock price.
US Foods Hldg reported a higher than expected EPS for Q3, which is a positive signal for investors. This could lead to increased investor confidence and a potential rise in the stock price. The company's past performance also shows a trend of beating earnings estimates, which could further boost investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100