Sysco Q4 2024 Adj. EPS $1.39 Beats $1.38 Estimate, Sales $20.556B Miss $20.573B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sysco (NYSE:SYY) reported Q4 2024 adjusted EPS of $1.39, beating the estimate of $1.38. However, sales of $20.556 billion missed the estimate of $20.573 billion. Sales increased by 4.20% year-over-year.
July 30, 2024 | 12:01 pm
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Sysco's Q4 2024 adjusted EPS of $1.39 beat the estimate of $1.38, but sales of $20.556 billion missed the estimate of $20.573 billion. Sales increased by 4.20% year-over-year.
While Sysco's EPS beat expectations, the sales miss, albeit slight, could neutralize the positive impact. The year-over-year sales growth of 4.20% is a positive sign, but the mixed results may lead to a neutral short-term impact on the stock price.
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IMPORTANCE 70
RELEVANCE 100