Sysco Delivers Strong Third Quarter Earnings
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BMO Capital Raises Price Target on Sysco Corp. (SYY) Following 3Q EPS Beat
May 3, 2016 8:05 AM EDTBMO Capital reiterated a Market Perform rating on Sysco Corp. (NYSE: SYY), and raised the price target to $52.00 (from $44.00), following the company's 3Q earnings report. Sysco reported adjusted EPS of $0.46, coming in ahead of consensus estimates of $0.42.
Analyst Kelly Bania commented, "While Sysco management... More
Sysco Corp. (SYY) Tops Q3 EPS by 4c
May 2, 2016 8:06 AM EDTSysco Corp. (NYSE: SYY) reported Q3 EPS of $0.46, $0.04 better than the analyst estimate of $0.42. Revenue for the quarter came in at $12 billion versus the consensus estimate of $11.87 billion.
Our third quarter financial results were strong as we remained focused on servicing the needs of our customers and made steady progress toward our... More
