Performance Food: Fiscal Q2 Earnings Snapshot
By AP News
Published - Feb 08, 2023, 07:09 AM ET
Last Updated - Jun 22, 2023, 10:43 PM EDT
RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — Performance Food Group Co. (PFGC) on Wednesday reported fiscal second-quarter profit of $71.1 million.
On a per-share basis, the Richmond, Virginia-based company said it had profit of 46 cents. Earnings, adjusted for non-recurring costs, came to 83 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.
The food distributor posted revenue of $13.9 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $13.91 billion.
