Sysco Reports Second Quarter Fiscal 2018 Results

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Sysco (SYY) PT Lowered to $61 at Pivotal Research Following 2Q

February 6, 2018 8:55 AM EST

Pivotal Research lowered its price target on Sysco (NYSE: SYY) to $61.00 (from $68.00) while maintaining a Hold rating following the company's 2Q earnings report and conference call. There was considerable discussion by management around the impact of tax reform. Mgt. is treating the... More

UPDATE: Sysco Corp. (SYY) Reports Q2 EPS of 78c

February 5, 2018 8:01 AM EST

(Updated - February 5, 2018 8:03 AM EST)

Sysco Corp. (NYSE: SYY) reported Q2 EPS of $0.78, may not compare to analyst estimate of $0.65. Revenue for the quarter came in at $14.4 billion versus the consensus estimate of $14.14 billion.

further adjusting to exclude a... More