Sysco: Fiscal Second Quarter Earnings Overview
Sysco Reports Second-Quarter Financial Results
Sysco Corp., headquartered in Houston, announced on Tuesday that it earned $389 million during its fiscal second quarter.
The company reported earnings of $0.81 per share. After adjusting for expenses tied to mergers, acquisitions, and restructuring, adjusted earnings reached $0.99 per share.
These adjusted earnings exceeded analyst expectations, as six analysts polled by Zacks Investment Research had predicted $0.98 per share.
Sysco's revenue for the quarter was $20.76 billion, slightly below the $20.8 billion anticipated by five analysts surveyed by Zacks.
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