Sysco (NYSE: SYY ) is expected to report Q1 earnings on Nov. 5. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Sysco's revenues will grow 5.3% and EPS will shrink -7.3%.
The average estimate for revenue is $11.15 billion. On the bottom line, the average EPS estimate is $0.51.
Last quarter, Sysco reported revenue of $11.05 billion. GAAP reported sales were 5.9% higher than the prior-year quarter's $10.43 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.55. GAAP EPS of $0.52 for Q4 were 8.8% lower than the prior-year quarter's $0.57 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 18.2%, 50 basis points worse than the prior-year quarter. Operating margin was 6.5%, 10 basis points better than the prior-year quarter. Net margin was 2.8%, 40 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $44.68 billion. The average EPS estimate is $2.01.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,269 members out of 1,320 rating the stock outperform, and 51 members rating it underperform. Among 410 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 405 give Sysco a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sysco is hold, with an average price target of $29.30.
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