US Foods (USFD) reported quarterly earnings results on Tuesday, Aug-9-2016. The company reported $-0.07 earnings per share for the quarter, missing the analyst consensus estimate by $-0.42. Analysts had a consensus of $0.35. The company posted revenue of $5806.80 million in the period, compared to analysts expectations of $5795.54 million. The company’s revenue was down -.6% compared to the same quarter last year.
Many Wall Street Analysts have commented on US Foods. US Foods was Initiated by Guggenheim to “Buy” on Jun 21, 2016. US Foods was Initiated by Citigroup to “Buy” on Jun 20, 2016. JP Morgan Initiated US Foods on Jun 20, 2016 to “Overweight”, Price Target of the shares are set at $27.50.