Group 1 - Performance Food Group Company (PFGC) is set to release its fourth-quarter earnings results on August 13, with analysts expecting earnings of $1.45 per share, unchanged from the previous year [1] - The company is projected to report quarterly revenue of $16.86 billion, an increase from $15.19 billion a year earlier [1] - PFGC shares rose by 0.9% to close at $98.36 on the previous Tuesday [3] Group 2 - There is reported takeover interest in Performance Food from US Foods as of July 11 [2] - Analysts have varying ratings and price targets for PFGC, with UBS maintaining a Buy rating and raising the price target from $103 to $110 [8] - Barclays also maintained an Overweight rating, increasing the price target from $100 to $112 [8] - Citigroup initiated coverage with a Buy rating and a price target of $121 [8] - Truist Securities maintained a Buy rating but reduced the price target from $104 to $101 [8] - Piper Sandler downgraded the stock from Overweight to Neutral, cutting the price target from $92 to $90 [8]
Performance Food Group Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts