Investing.com - Sysco (NYSE:SYY) reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.22 on revenue of $11.82B. Analysts polled by Investing.com forecast EPS of $0.1964 on revenue of $12.28B. .
Sysco shares gained 0.55% to trade at $84.50 in pre-market trade following the report.
For the year, Sysco shares are up 13.17%, outperforming the S&P 500 which is up 11.62% year to date.
Sysco follows other major Services sector earnings this month
On Thursday, Amazon.com reported first quarter EPS of $15.79 on revenue of $108.52B, compared to forecasts of EPS of $9.54 on revenue of $104.51B.
Visa A earnings beat analyst's expectations on April 27, with second quarter EPS of $1.38 on revenue of $5.73B. Investing.com analysts expected EPS of $1.27 on revenue of $5.56B
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