PFGC Stock Recent News
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Performance Food Group Company has lived up to its name, with financial results continuously revised higher. The picture for the business is solid and shareholders have so far been rewarded handsomely because of it.
Performance Food Group Company (NYSE:PFGC ) Q2 2023 Earnings Conference Call February 8, 2023 9:00 AM ET Company Participants Bill Marshall - Vice President of Investor Relations George Holm - Chief Executive Officer Patrick Hatcher - Chief Financial Officer Conference Call Participants Edward Kelly - Wells Fargo Jake Bartlett - Truist Securities John Heinbockel - Guggenheim Partners Alex Slagle - Jefferies Mark Carden - UBS Brian Harbour - Morgan Stanley Jeffrey Bernstein - Barclays Kelly Bania - BMO Capital Markets Andrew Wolf - CL King William Reuter - Bank of America Joshua Long - Stephens Inc. Carla Casella - JPMorgan Peter Saleh - BTIG Fred Wightman - Wolfe Research Lauren Silberman - Credit Suisse Bill Marshall Thank you and good morning. We're here with George Holm, PFG's CEO; and Patrick Hatcher, PFG's CFO.
Performance Food (PFGC) delivered earnings and revenue surprises of 9.21% and 0.10%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
RICHMOND, Va.--( BUSINESS WIRE )--Performance Food Group Company (PFG) (NYSE:PFGC) will host a live audio webcast at 9 a.m. ET Wednesday, Feb. 8, to discuss second-quarter fiscal 2023 financial results. PFG will issue a news release with those results at approximately 7 a.m. ET that same day.
Performance Food (PFGC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Performance Food (PFGC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Performance Food (PFGC) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Performance Food (PFGC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Inflations impact on the economy leaves stocks in food production, agriculture and retail well-positioned to benefit from the rising prices