Sysco Ahead of Earnings

Published on Friday, 03 February 2012 20:42 Written by Christopher Lynn

New York, February 3rd (TradersHuddle.com) - Shares of Sysco Corporation (NYSE:SYY) traded higher by +0.88% ahead of its quarterly earnings release. Sysco, the food distributor to the hospitality industry is expected to release its quarterly results on February 6^th.

Wall Street Analysts consensus calls for a profit of $0.44 a share on $10.05 billion revenue.

Sysco estimates have a range of $0.03 a share. The high estimate calls for profit of $0.45 a share and the low estimate is calling for a profit of $0.42 a share, a year ago for the quarter the company reported $0.44 a share.

Sysco Corporation (NYSE:SYY) distributes food and related products primarily to the foodservice industry. The Company also distributes personal care guest amenities, housekeeping supplies, room accessories, and textiles to the lodging industry.

Other companies on the watch on this earnings event are United Natural Foods, Inc. NASDAQ:UNFI and Core-Mark Holding Company NASDAQ:CORE.