US Foods (USFD) Tops Q3 EPS by 2c

US Foods (NYSE: USFD) reported Q3 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $6.13 billion.

GUIDANCE:

US Foods sees FY2017 EPS of $1.35-$1.40, versus the consensus of $1.35.

• The company is updating our fiscal 2017 guidance. We now expect unit growth of 2.5-3.0%, Net sales growth of 4.5-5.0%, Adjusted EBITDA growth of 8-9%, Net income growth of 20-25%, Cash CAPEX of $220-$230 million, Interest expense of $170-$175 million, Depreciation and amortization of $375-$380 million and Adjusted Diluted EPS of $1.35-$1.40.

For earnings history and earnings-related data on US Foods (USFD) click here.

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