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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100