Analysts estimate that Sysco will report an earnings per share (EPS) of $1.13.
The announcement from Sysco is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
Last quarter the company beat EPS by $0.01, which was followed by a 0.27% increase in the share price the next day.
Here's a look at Sysco's past performance and the resulting price change:
Quarter
Q4 2024
Q3 2024
Q2 2024
Q1 2024
EPS Estimate
1.38
0.95
0.88
1.04
EPS Actual
1.39
0.96
0.89
1.07
Price Change %
0.0%
-2.0%
0.0%
-1.0%
Market Performance of Sysco's Stock
Shares of Sysco were trading at $73.92 as of October 25. Over the last 52-week period, shares are up 13.01%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Views on Sysco
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Sysco.
A total of 3 analyst ratings have been received for Sysco, with the consensus rating being Outperform. The average one-year price target stands ...