Investing.com - Sysco (NYSE:SYY) reported fourth 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 $16.14B. Analysts polled by Investing.com forecast EPS of $0.6042 on revenue of $14.66B. .
Sysco shares gained 1.84% to trade at $74.80 in pre-market trade following the report.
For the year, Sysco shares are down 1.09%, under-performing the S&P 500 which is up 18% year to date.
Sysco follows other major Services sector earnings this month
On Thursday, July 29, 2021, Amazon.com reported second quarter EPS of $15.12 on revenue of $113.08B, compared to forecasts of EPS of $12.23 on revenue of $115.42B.
Alibaba ADR earnings beat analyst's expectations on Tuesday, August 3, 2021, with first quarter EPS of $16.6 on revenue of $205.74B. Investing.com analysts expected EPS of $14.32 on revenue of $209.11B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar