Sysco Corp. updates FY 2025 earnings, forecasts $82B-$82.8B revenue, despite recent insider sales.

Sysco Corp., a major food distributor, updated its FY 2025 earnings guidance to 4.570-4.610 EPS and forecasted revenue of $82.0 billion to $82.8 billion. Despite missing Q3 earnings estimates, the stock has a "Moderate Buy" rating with a target price of $85.79. Notably, insiders sold 83,306 shares valued at $6.48 million in the last quarter. The company also declared a $0.51 quarterly dividend, with a yield of 2.66%.

2 months ago
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