US Foods (NYSE:USFD) updated its FY 2019 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus estimate of $2.20. US Foods also updated its FY19 guidance to $2.15-2.25 EPS.

USFD has been the topic of several recent research reports. Loop Capital lowered their price objective on US Foods from $36.00 to $34.00 and set a hold rating on the stock in a research report on Friday, November 9th. Pivotal Research lowered their price objective on US Foods from $33.00 to $31.00 and set a hold rating on the stock in a research report on Wednesday, November 7th. TheStreet upgraded US Foods from a c rating to a b- rating in a research report on Tuesday, December 18th. Zacks Investment Research raised US Foods from a sell rating to a hold rating in a report on Saturday, November 10th. Finally, Citigroup reduced their target price on US Foods from $39.00 to $37.00 and set a buy rating on the stock in a report on Tuesday, November 13th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of $38.00.

USFD opened at $35.28 on Tuesday. The firm has a market cap of $7.53 billion, a PE ratio of 38.77, a P/E/G ratio of 0.59 and a beta of 0.52. US Foods has a 52-week low of $27.51 and a 52-week high of $40.92. The company has a current ratio of 1.39, a quick ratio of 0.80 and a debt-to-equity ratio of 1.08.

US Foods (NYSE:USFD) last released its quarterly earnings data on Tuesday, February 12th. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). The business had revenue of $6.04 billion during the quarter, compared to analyst estimates of $5.98 billion. US Foods had a net margin of 2.33% and a return on equity of 13.04%. The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the business earned $0.44 earnings per share. Equities analysts forecast that US Foods will post 1.99 earnings per share for the current year.

WARNING: “US Foods (USFD) Releases FY 2019 Earnings Guidance” was first reported by Daily Political and is owned by of Daily Political. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://www.dailypolitical.com/2019/02/12/us-foods-usfd-releases-fy-2019-earnings-guidance.html.

US Foods Company Profile

US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. Its customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.

Recommended Story: What factors cause inflation to rise?

Receive News & Ratings for US Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods and related companies with MarketBeat.com's FREE daily email newsletter.