Investing.com - Sysco (NYSE:SYY) reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.71 on revenue of $16.90B. Analysts polled by Investing.com expected EPS of $0.5516 on revenue of $15.9B. .
Sysco shares gained 3.97% to trade at $84.30 in pre-market trade following the report.
For the year, Sysco shares are up 3.22%, outperforming the S&P 500 which is down 16.26% year to date.
Sysco follows other major Consumer Staples sector earnings this month
On Wednesday, April 20, 2022, Procter&Gamble reported third quarter EPS of $1.33 on revenue of $19.38B, compared to forecasts of EPS of $1.29 on revenue of $18.71B.
Coca-Cola earnings beat analyst's expectations on Monday, April 25, 2022, with first quarter EPS of $0.64 on revenue of $10.49B. Investing.com analysts expected EPS of $0.5794 on revenue of $9.83B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar