(Adds Outlook, stock movement)
Performance Food Group Company (PFGC) provided first-quarter and full-year revenue outlook.
PFG expects its first-quarter sales to be in a range of $15.2 billion to $15.5 billion, below analysts' forecast of $15.57 billion.
For the full year, the company projects sales of around $60 billion to $61 billion, versus the Street view of $60.82 billion.
PFGC was trading up 4.87 percent at $70.35 in the pre-market trade on the New York Stock Exchange.
Q4 Results:
Performance Food Group reported a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $166.5 million, or $1.07 per share. This compares with $150.1 million, or $0.96 per share, in last year's fourth quarter.
Excluding items, Performance Food Group reported adjusted earnings of $1.45 per share for the period.
Analysts on average had expected the company to earn $1.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 2.2% to $15.189 billion from $14.865 billion last year.
Performance Food Group earnings at a glance (GAAP) :
-Earnings (Q4): $166.5 Mln. vs. $150.1 Mln. last year.
-EPS (Q4): $1.07 vs. $0.96 last year.
-Revenue (Q4): $15.189 Bln vs. $14.865 Bln last year.
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