Mark your calendars for Tuesday 29th October 2024, as Sysco Corporation (NYSE: SYY) will be revealing its first quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
Based on the predictions of financial experts on Wall Street, the organization is expected to reveal an anticipated $1.13 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $20.46 billion for the quarter.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $1.07. This considerable sum was attributed to the company's total revenue, which reached an impressive $19.62 billion during that specific quarter.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $82.21 billion. They also predict that throughout the course of the fiscal year, the business will make about profit of $4.6 per share.
Additionally, The company will host a conference call with investors and analysts on 29th October 2024 at 10:00 AM eastern time to review the Q1 2025 financial results.
Sysco Corporation (SYY) shares traded as low as $73.78 and as high as $74.79 on a day volume of 2.51 million shares, closed Friday's regular trading session at $73.92, downfall of 0.62 percent.
