PFGC Misses Q2 Earnings Estimates; Revenue Tops Forecasts

RICHMOND, Va. - Performance Food Group Co. (PFGC) reported earnings of 27 cents per share for the second fiscal quarter, falling short of analysts' expectations of $1.03 per share.

Adjusted earnings, excluding one-time items, reached 98 cents per share. Revenue for the quarter was $15.64 billion, exceeding estimates of $15.52 billion.

For the current quarter ending in March, PFGC anticipates revenue between $15.2 billion and $15.6 billion, with full-year revenue projected in the range of $63 billion to $64 billion.