Performance Food (PFGC) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Performance Food Group (PFGC) reported revenue of $15.42 billion for the quarter ended September 2024, reflecting a year-over-year increase of 3.2% [1] - The earnings per share (EPS) for the quarter was $1.16, slightly up from $1.15 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate by 0.68%, while the EPS fell short of the consensus estimate by 4.13% [1] Revenue Breakdown - Revenue from Convenience was $6.36 billion, matching the average estimate from analysts [3] - Revenue from Foodservice reached $7.69 billion, surpassing the average estimate of $7.58 billion [3] - Revenue from Eliminations was reported at -$182.10 million, which was below the average estimate of -$168.19 million [3] - Corporate & All Other revenue was $256.10 million, slightly above the average estimate of $251.73 million [3] - Revenue from Vistar was $1.29 billion, exceeding the average estimate of $1.25 billion [3] Stock Performance - Performance Food's shares have returned +5% over the past month, outperforming the Zacks S&P 500 composite, which saw a +0.7% change [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [4]