Performance Food Group (PFGC) Lags Q1 Earnings Estimates
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Performance Food Group (PFGC) reported Q1 earnings of $1.16 per share, missing the Zacks Consensus Estimate of $1.21. This is a slight increase from $1.15 per share a year ago.
November 06, 2024 | 2:30 pm
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Performance Food Group reported Q1 earnings of $1.16 per share, missing the Zacks Consensus Estimate of $1.21. This slight miss could lead to short-term negative sentiment among investors.
The earnings miss, although slight, is below analyst expectations, which often leads to a negative short-term reaction in the stock market. The fact that earnings are only marginally better than last year may not be enough to offset the disappointment.
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IMPORTANCE 80
RELEVANCE 100