US Foods: Q4 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

ROSEMONT, Ill. (AP) — ROSEMONT, Ill. (AP) — US Foods Holding Corp. (USFD) on Thursday reported fourth-quarter profit of $66 million.

On a per-share basis, the Rosemont, Illinois-based company said it had net income of 28 cents. Earnings, adjusted for one-time gains and costs, were 84 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.

The company posted revenue of $9.49 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $9.47 billion.

For the year, the company reported profit of $494 million, or $2.02 per share. Revenue was reported as $37.88 billion.

_____

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

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • The Chris Stigall Show
    3:00AM - 6:00AM
     
    Equal parts hilarity and desk-pounding monologues with healthy doses of skepticism and sarcasm.
     
  • The Morning Answer
    6:00AM - 9:00AM
     
    The Morning Answer with Jennifer Horn - Weekdays from 6:00 am to 9:00 am.   >>
     
  • The Alex Marlow Show
    9:00AM - 10:00AM
     
    In a time when political establishments, globalist bureaucracies, and   >>
     
  • The Scott Jennings Show
    10:00AM - 12:00PM
     
    Jennings is battle-tested on cable news, a veteran of four presidential   >>
     
  • The Hugh Hewitt Show
    12:00PM - 3:00PM
     
    Hugh Hewitt is one of the nation’s leading bloggers and a genuine media   >>
     

See the Full Program Guide