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Sysco Corporation (NYSE:SYY ) Q4 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Kevin Kim - VP, IR Kevin Hourican - Chairman and CEO Kenny Cheung - CFO Conference Call Participants Mark Carden - UBS Lauren Silberman - Deutsche Bank Jake Bartlett - Truist Securities John Heinbockel - Guggenheim Brian Harbour - Morgan Stanley Kendall Toscano - Bank of America Operator Welcome to Sysco's Fourth Quarter Fiscal Year 2024 Conference Call. As a reminder, today's call is being recorded.
Sysco's (SYY) fourth-quarter fiscal 2024 results reflect improved earnings and revenues. The company witnesses positive operating leverage for the seventh consecutive time.
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While the top- and bottom-line numbers for Sysco (SYY) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Sysco (SYY) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.34 per share a year ago.
Evaluate the expected performance of Sysco (SYY) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Sysco's (SYY) Q4 results are likely to reflect gains from the company's efforts to enhance volumes and improve efficiency through supply-chain productivity and cost-containment efforts.
Sysco (SYY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sysco (SYY) 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.