US Foods (USFD) Tops Q1 EPS by 3c, Miss on Revenues; Offers In-Line FY18 EPS Views

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US Foods (USFD) Reports Mixed 1Q; Guggenheim Says 'Buy on Weakness'

May 8, 2018 9:50 AM EDT

Guggenheim remains bullish on US Foods (NYSE: USFD) following the company's 1Q earnings report. USFDs 1Q operating results were mixed, with sales light but both GP and adjusted EBITDA dollars in line with below-consensus forecasts. Guggenheim lowered estimates in mid-March to reflect... More