US Foods (USFD) Misses Q2 EPS by 1c, Offers Guidance
US Foods (NYSE: USFD) reported Q2 EPS of $0.67, $0.01 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $8.83 billion versus the consensus estimate of $8.67 billion.
GUIDANCE:
US Foods sees FY2022 EPS of $1.95-$2.25, versus the consensus of $2.29.
- Adjusted EBITDA of $1.2-$1.3 billion, with continued confidence toward the higher end of the Adjusted EBITDA range
- Adjusted Diluted EPS of $1.95-$2.25
- Cash capital expenditures of $280-$300 million with fleet capital leases to be an additional ~ $110 million
- Net Debt to Adjusted EBITDA leverage of approximately 3.5x by end of fiscal year 2022
For earnings history and earnings-related data on US Foods (USFD) click here.
