logo
Plus   Neg
Share
Email

Performance Food Group Q3 Adj. Profit Rises - Quick Facts

Performance Food Group Company (PFGC) reported that its third quarter adjusted earnings per share increased 38.1% year-on-year to $0.58. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.22, for the quarter. Analysts' estimates typically exclude special items. Adjusted EBITDA rose 23.6% to $131.1 million.

Third quarter net sales grew 49.3% to $7.0 billion compared to the prior year period. Total case volume increased 26.4%, with an underlying organic decline of 7.2%. Analysts expected revenue of $7.11 billion for the quarter.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) reported a profit for the fourth-quarter that increased 23.3 percent from last year, led by display and memory chip businesses.Quarterly revenue grew 2.8 percent from the prior year. The company expects overall profit to weaken in the first quarter of 2021. Facebook Inc. (FB) Wednesday reported a fourth-quarter profit that increased from a year ago, driven largely by 33% growth in revenues. The social media giant's earnings and revenues for the quarter trumped Wall Street estimates, but the company warned of "significant uncertainty" in 2021. Menlo Park,... Apple Inc. (AAPL) Wednesday reported a first-quarter profit that trumped Wall Street estimates, as the iPhone maker's revenues topped $100 billion driven by strong demand for latest iPhones and wearables segment. Apple's first-quarter profit rose to $28.76 billion or $1.68 per share from $22.24 billion...
RELATED NEWS
Follow RTT