Grand News Network | November 8, 2023

Performance Food Group Likely To Report Higher Q1 Revenue; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Performance Food Group Company (NYSE: PFGC) is projected to release financial results for its first-quarter fiscal 2024, before the opening bell on Nov. 8, 2023.

Analysts expect the company to post quarterly earnings at $1.09 per share, up slightly from year-ago earnings of $1.08 per share. The company’s revenue might come in at $14.97 billion, compared to $14.42 billion in the year-ago period.

Performance Food Group reported fourth-quarter sales growth of 1.9% year-over-year to $14.87 billion, missing the consensus of $15.07 billion.

Performance Food Group shares fell 0.5% to close at $60.47 on Tuesday.

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