US Foods Hldg Earnings Preview
Portfolio Pulse from Benzinga Insights
US Foods Holding Corp. (USFD) is scheduled to release its quarterly earnings report on February 15, 2024. Analysts predict an EPS of $0.67. The company's past earnings performance shows a consistent beat on EPS estimates, leading to positive stock price movements the following day. Shares are currently trading at $46.46, with a 21.73% increase over the last 52 weeks. Investors are optimistic but will focus on the company's guidance for future growth.
February 14, 2024 | 5:01 pm
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US Foods Holding Corp. is expected to report an EPS of $0.67 for the upcoming quarter. Historical data shows positive stock movements post-earnings announcements. Shares have increased by 21.73% over the last year, indicating a bullish sentiment among investors.
Given USFD's history of beating EPS estimates and the subsequent positive stock price reactions, it's likely that a similar outcome could occur if the company beats the EPS estimate again. The consistent growth in share price over the last year further supports a positive outlook. However, the actual impact will heavily depend on the reported earnings and the future guidance provided by the company.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100