logo
Share SHARE
FONT-SIZE Plus   Neg

Sysco Q2 Profit Down - Quick Facts

Sysco Corp. (SYY) reported that its second-quarter net earnings declined to $250.11 million or $0.43 per share, from $258.17 million or $0.44 per share in the same quarter last year. However, Non-GAAP net income rose to $0.46 per share from $0.45 per share in the year ago quarter.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.44 per share for the quarter. Analysts' estimates typically exclude special items.

Sales for the quarter rose to $10.24 billion from $9.38 billion in the prior year quarter. Nine analysts had consensus revenue estimate of $10.04 billion for the quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The Justice Department has initiated a probe to find out if airlines are colluding to limit seating capacity in order to benefit from higher airfares. Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has pledged to give away his entire wealth amounting to $32 billion for charity. He said the fund will be utilized for cultural understanding, develop communities, empower women, enable youth, provide vital disaster relief and create a more tolerant and accepting world. Toyota accepted the resignation of its Chief Communications Officer Julie Hamp, following her arrest in Japan for allegedly mailing banned painkillers to her address in Japan from U.S.
comments powered by Disqus
RELATED NEWS
Trade SYY now with 
Follow RTT