Sysco (NYSE:SYY) reported its Q2 earnings results on Tuesday, February 8, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Sysco missed estimated earnings by 19.72%, reporting an EPS of $0.57 versus an estimate of $0.71.
Revenue was up $4.76 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03, which was followed by a 1.32% drop in the share price the next day.
Here's a look at Sysco's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.86 | 0.60 | 0.20 | 0.34 |
| EPS Actual | 0.83 | 0.71 | 0.22 | 0.17 |
| Revenue Estimate | 15.87B | 14.23B | 12.39B | 12.33B |
| Revenue Actual | 16.46B | 16.14B | 11.82B | 11.56B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
