US Foods (USFD) Reports In-Line Q1 EPS

US Foods (NYSE: USFD) reported Q1 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $5.79 billion versus the consensus estimate of $5.66 billion.

Outlook for Fiscal 2017

The company’s outlook for fiscal 2017, announced on February 15, 2017, remains unchanged. The company does, however, expect interest expense and cash taxes to be at the low end of the previously provided ranges.

Please see the “Forward-Looking Statements” section in this release for a discussion of certain risks related to this outlook.

We are not providing a reconciliation of our full year 2017 Adjusted EBITDA or Adjusted Diluted EPS outlook because we are not able to accurately estimate all of the adjustments on a forward-looking basis and such items could have a significant impact on our GAAP financial results as a result of their variability.

For earnings history and earnings-related data on US Foods (USFD) click here.

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