US Foods (USFD) Misses Q4 EPS by 3c, Guides FY EPS In-Line
US Foods (NYSE: USFD) reported Q4 EPS of $0.56, $0.03 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $6 billion versus the consensus estimate of $5.97 billion.
GUIDANCE:
US Foods sees FY2019 EPS of $2.15-$2.25, versus the consensus of $2.20.
- For fiscal year 2019, the company expects total case volume growth of 1-2%, Adjusted EBITDA growth of at least 5% and Adjusted Diluted EPS of $2.15-$2.25. The company also expects cash capital expenditures of $260-$270 million, while fleet capital leases are expected to be approximately $75 million. Interest expense is expected to be $170-$175 million, Depreciation and amortization expenses are expected to be $340-$350 million and our adjusted effective income tax rate is expected to be 25-26%
For earnings history and earnings-related data on US Foods (USFD) click here.
