Investing.com - Sysco (NYSE:SYY) reported first quarter earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.97 on revenue of $19.1B. Analysts polled by Investing.com anticipated EPS of $0.99 on revenue of $18.65B. .
For the year, Sysco shares are up 10.2%, outperforming the S&P 500 which is down 18.76% year to date.
Sysco follows other major Consumer Staples sector earnings this month
On October 19, Procter&Gamble reported first quarter EPS of $1.57 on revenue of $20.6B, compared to forecasts of EPS of $1.56 on revenue of $20.37B.
Coca-Cola earnings beat analyst's expectations on October 25, with third quarter EPS of $0.69 on revenue of $11.1B. Investing.com analysts expected EPS of $0.6388 on revenue of $10.53B
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