Sysco Corporation (SYY) Q1 2018 Earnings Results

SYSCO CORP Beats on EPS, Stock Down 4.39%

SYSCO CORP reported a slight earnings beat with an EPS of $0.74, which was better than expected. However, the stock fell by 4.39% following the report, likely due to the lack of revenue data and no guidance updates. Investors may be concerned about ongoing supply chain issues mentioned by management.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.74	N/A	+2.71%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management expressed a cautious optimism about the current market conditions. They acknowledged some supply chain challenges but emphasized their commitment to improving efficiency.

Management highlighted continued strong demand in the foodservice sector.

They noted challenges in supply chain logistics but remain focused on operational efficiency.

SYSCO CORP Beats on EPS, Stock Down 4.39%

Key numbers

Management commentary

Sysco Corporation

More earnings this week

SYSCO CORP Beats on EPS, Stock Down 4.39%

Key numbers

Management commentary