Investing.com - Sysco (NYSE:SYY) reported second quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.17 on revenue of $11.56B. Analysts polled by Investing.com expected EPS of $0.3391 on revenue of $12.22B. .
Sysco shares lost 2.40% to trade at $69.85 in pre-market trade following the report.
For the year, Sysco shares are down 3.62%, under-performing the S&P 500 which is up 0.47% year to date.
Sysco follows other major Services sector earnings this month
On Tuesday, Alibaba ADR reported third quarter EPS of $22.03 on revenue of $221.08B, compared to forecasts of EPS of $20.59 on revenue of $214.17B.
Visa A earnings beat analyst's expectations on Thursday, with first quarter EPS of $1.42 on revenue of $5.69B. Investing.com analysts expected EPS of $1.28 on revenue of $5.52B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar