Performance Food Group Company Reports Fourth-Quarter and Full-Year Fiscal 2019 Results
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Performance Food Group (PFGC) PT Raised to $52 at BMO Capital
August 15, 2019 7:38 AM EDTBMO Capital analyst Kelly Bania raised the price target on Performance Food Group (NYSE: PFGC) to $52.00 (from $48.00) while maintaining an Outperform rating.
Bania commented, "Following another solid quarter, we are raising our price target on PFGC given the company's consistency and strength in... More
Performance Food Group (PFGC) Tops Q4 EPS by 7c, Offers Outlook
August 14, 2019 7:01 AM EDTPerformance Food Group (NYSE: PFGC) reported Q4 EPS of $0.70, $0.07 better than the analyst estimate of $0.63. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.64 billion.
Fiscal 2020 Outlook:
For fiscal 2020, PFG expects Adjusted EBITDA growth to be in a range of 9% to 13% over its fiscal 2019 Adjusted EBITDA of $475.5 million. Fiscal 2020 organic Adjusted EBITDA is projected to grow 7% to 10%.
PFG expects fiscal 2020 Adjusted Diluted EPS to grow in a range of 4% to 10% over its fiscal 2019 Adjusted Diluted EPS of $1.85. Higher depreciation and amortization... More
