US Foods (NYSE:USFD – Get Free Report) issued an update on its FY 2024 earnings guidance on Friday morning. The company provided EPS guidance of 3.000-3.200 for the period, compared to the consensus EPS estimate of 3.100. The company issued revenue guidance of $37.5 billion-$38.5 billion, compared to the consensus revenue estimate of $37.9 billion.
US Foods Price Performance
Shares of NYSE:USFD opened at $53.14 on Friday. US Foods has a 12 month low of $35.66 and a 12 month high of $55.98. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.31 and a quick ratio of 0.81. The firm has a market capitalization of $13.07 billion, a P/E ratio of 26.18, a P/E/G ratio of 0.88 and a beta of 1.60. The company’s fifty day moving average price is $52.94 and its 200 day moving average price is $50.28.
US Foods (NYSE:USFD – Get Free Report) last issued its quarterly earnings data on Thursday, May 9th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.01). US Foods had a return on equity of 13.08% and a net margin of 1.41%. The business had revenue of $8.95 billion for the quarter, compared to analysts’ expectations of $8.93 billion. As a group, sell-side analysts predict that US Foods will post 2.92 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on USFD
US Foods Company Profile
US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.
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