Investing.com – Performance Food Group Co reported on Wednesday first quarter that beat analysts’ forecasts and revenue that topped expectations.

Performance Food Group Co announced earnings per share of $1.08 on revenue of $14.7B. Analysts polled by Investing.com anticipated EPS of $0.80 on revenue of $14.41B.

Performance Food Group Co shares are down 16.73% from the beginning of the year and are trading at $54.18 , down-from-52-week-high.

Performance Food Group Co shares lost 2.26% in pre-market trade the report.

Performance Food Group Co follows other major Consumer Staples sector earnings this month

Performance Food Group Co’s report follows an earnings beat by Procter&Gamble on Wednesday, October 19, 2022, who reported EPS of $1.57 on revenue of $20.61B, compared to forecasts EPS of $1.56 on revenue of $20.37B.

Coca-Cola had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $0.69 on revenue of $11.06B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.

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