Sysco Corp. (SYY) Tops Q4 EPS by 11c, Revenue Beats, Offers FY22 EPS Guidance

Sysco Corp. (NYSE: SYY) reported Q4 EPS of $0.71, $0.11 better than the analyst estimate of $0.60. Revenue for the quarter came in at $16.1 billion versus the consensus estimate of $14.23 billion.

GUIDANCE:

Sysco Corp. sees FY2022 EPS of $3.33-$3.53, versus the consensus of $3.32.

• We’re very pleased with our financial results in the fourth quarter, including particularly strong free cash flow performance,” said Aaron Alt, Sysco’s chief financial officer. “Strong sales that surpassed 2019 levels, combined with solid management of inflation and cost, are underpinning our confidence to raise our EPS guidance for fiscal year 2022 to $3.33 to $3.53.”

For earnings history and earnings-related data on Sysco Corp. (SYY) click here.

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