Morgan Stanley Maintains Equal-Weight on US Foods Hldg, Lowers Price Target to $40
Morgan Stanley analyst John Glass maintains US Foods Hldg (NYSE:USFD) with a Equal-Weight and lowers the price target from $41 to $40.
Pacific Ventures CEO Shannon Masjedi Forges a Path in Male-Dominated Industry
Photo by Maria Lin Kim on Unsplash
Like most industries, the food and beverage space saw significant impacts from the COVID-19 crisis that it is still trying to contend with. From supply chain disruptions that lead to a shortage in availability to demand spikes that wiped inventory clean, the industry had a wild ride in 2020.
California Isn’t Just for Tech Disruption — This Food and Beverage Distributor is Turning Heads, Too
From spiked ice cream to nonstandard cuts of beef and seafood, Pacific Ventures Group (OTCMKTS: PACV) is looking to become a rising player in the food and beverage industry.
Morgan Stanley Maintains Equal-Weight on US Foods Hldg, Lowers Price Target to $41
Morgan Stanley maintains US Foods Hldg (NYSE:USFD) with a Equal-Weight and lowers the price target from $45 to $41.
Credit Suisse Maintains Outperform on US Foods Hldg, Lowers Price Target to $44
Credit Suisse analyst Lauren Silberman maintains US Foods Hldg (NYSE:USFD) with a Outperform and lowers the price target from $47 to $44.
US Foods Stock Gains As Q2 Earnings Smashes Estimates
US Foods Holding Corp (NYSE:USFD) reported second-quarter FY21 sales growth of 68.9% year-on-year, to $7.66 billion, beating the analyst consensus of…
Recap: US Foods Q2 Earnings
Shares of US Foods Hldg (NYSE:USFD) moved higher by 4.1% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 332.00% year over year to $0.58, which beat the estimate of $0.37.
US Foods Holding Q2 Adj. EPS $0.58 Beats $0.37 Estimate, Sales $7.70B Beat $6.86B Estimate
US Foods Holding (NYSE:USFD) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.37 by 56.76 percent. This is a 332 percent increase over losses of $(0.25) per share from the
5 Stocks To Watch For August 9, 2021
Some of the stocks that may grab investor focus today are:
Wall Street expects DISH Network Corp (NASDAQ: DISH) to report quarterly earnings at $0.88 per share on revenue of $4.43 billion before the opening bell. DISH shares rose 0.3% to close at $41.97 on Friday.