Sysco Third Quarter Results Delivered Market Share Gains & Growing Profitability; Fiscal Year 2022 Guidance Raised
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Sysco (SYY) PT Raised to $98 at Jefferies
May 11, 2022 8:24 AM EDTJefferies analyst Chris Mandeville raised the price target on Sysco (NYSE: SYY) to $98.00 (from $94.00) while maintaining a Buy rating.
The analyst commented, "Sizable F3Q beat, as foodservice demand powered back in late Feb/Mar (& continues thru Apr) w/ SYY relative share... More
Sysco Corp. (SYY) Tops Q3 EPS by 16c, Offers Guidance
May 10, 2022 8:06 AM EDTSysco Corp. (NYSE: SYY) reported Q3 EPS of $0.71, $0.16 better than the analyst estimate of $0.55. Revenue for the quarter came in at $16.9 billion versus the consensus estimate of $15.91 billion.
GUIDANCE:
Sysco Corp. sees FY2022 EPS of $3.16-$3.26, versus the consensus of... More
