US Foods Hldg Q4 Adj. EPS $0.64 Misses $0.67 Estimate, Sales $8.94B Beat $8.80B Estimate
Portfolio Pulse from Benzinga Newsdesk
US Foods Holding Corp. (USFD) reported Q4 adjusted earnings of $0.64 per share, missing the consensus estimate of $0.67. However, their quarterly sales of $8.94 billion exceeded the estimate of $8.80 billion, marking a 4.94% increase from the previous year.
February 15, 2024 | 11:47 am
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US Foods Holding Corp. (USFD) missed Q4 EPS estimates but exceeded sales forecasts, indicating mixed financial performance.
The miss in EPS might concern investors about profitability, but the beat in sales could indicate strong demand and operational efficiency. The mixed results create uncertainty about the short-term stock price direction.
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