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Investing.com - US Foods reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
US Foods announced earnings per share of $0.60 on revenue of $8.9B. Analysts polled by Investing.com EPS of $0.61 on revenue of $8.72B.
US Foods 's are down 23.1% and is trading at $29.72 , still down 25.20% from its 52 week high of $39.73 set on Thursday, February 17, 2022.
US Foods follows other major Consumer Staples sector earnings this month
US Foods'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, 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, for EPS of $0.6388 on revenue of $10.53B.
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