US Foods: Q3 Earnings Snapshot
ROSEMONT, Ill. (AP) — ROSEMONT, Ill. (AP) — US Foods Holding Corp. (USFD) on Thursday reported third-quarter profit of $95 million.
The Rosemont, Illinois-based company said it had net income of 38 cents per share. Earnings, adjusted for one-time gains and costs, were 70 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.
The company posted revenue of $9.11 billion in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $9.12 billion.
US Foods expects full-year earnings in the range of $2.60 to $2.70 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on USFD at https://www.zacks.com/ap/USFD
