Performance Food Group Company Reports Second-Quarter and First-Half Fiscal 2019 Results
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Performance Food Group (PFGC) PT Raised to $42 at BMO Capital
February 6, 2019 5:56 PM ESTBMO Capital analyst Kelly Bania raised the price target on Performance Food Group (NYSE: PFGC) to $42.00 (from $38.00) while maintaining a Outperform rating.
Bania commented, "PFGC's F2Q19 was characterized by the strongest EBITDA growth for Vistar in at least three years, which... More
Performance Food Group (PFGC) PT Raised to $42 at Credit Suisse
February 6, 2019 3:36 PM ESTCredit Suisse analyst Judah Frommer raised the price target on Performance Food Group (NYSE: PFGC) to $42.00 (from $39.00) while maintaining a Outperform rating.
Frommer said the second quarter beat "demonstrated the differentiation of its asset base amongst publicly traded foodservice distributors, as outsized... More
Performance Food Group (PFGC) Tops Q2 EPS by 6c, Revenues Beat; Affirms FY19 Outlook
February 6, 2019 7:02 AM ESTPerformance Food Group (NYSE: PFGC) reported Q2 EPS of $0.46, $0.06 better than the analyst estimate of $0.40. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.5 billion.
Second-Quarter Fiscal 2019 Highlights
Total case volume grew 5.5%Net sales increased 7.1% to $4.6 billionGross profit improved 8.3% to $614.6 millionNet income declined 44.7% to $43.1 million primarily due to the prior year impact of the Tax... More