Sysco Reports Q2 Earnings Beat Expectations Amid Revenue Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 27 Jan 26
Source: Benzinga
Sysco Corp's stock rose by 5.32% as it reached a 20-day high, reflecting positive investor sentiment following its earnings report.
The company reported Q2 non-GAAP EPS of $0.99, exceeding market expectations by $0.01, indicating stable profitability despite a decline in net income. Revenue for the quarter was $20.76 billion, a 3.0% year-over-year increase, showcasing resilience in market demand. Sysco's optimistic full-year adjusted EPS guidance of $4.50 to $4.60 further bolstered investor confidence.
This performance suggests that Sysco is maintaining growth momentum in a competitive foodservice sector, which could lead to sustained interest from investors as the company navigates current market challenges.
Analyst Views on SYY
Wall Street analysts forecast SYY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SYY is 87.56 USD with a low forecast of 80.00 USD and a high forecast of 98.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
5 Buy
5 Hold
0 Sell
Moderate Buy
Current: 83.510
Low
80.00
Averages
87.56
High
98.00
Current: 83.510
Low
80.00
Averages
87.56
High
98.00
About SYY
Sysco Corporation is engaged in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. It also supplies a variety of non-food items. Its segments include U.S. Foodservice Operations, International Foodservice Operations, SYGMA and Other. U.S. Foodservice Operations segment includes United States Broadline operations and United States Specialty operations. International Foodservice Operations include operations outside of the United States. SYGMA segment includes its United States customized distribution operations serving quick-service chain restaurant customer locations. Other segment includes primarily its hotel supply operations, Guest Worldwide. It distributes various products, such as frozen foods, fresh meats and seafood, dairy products, beverage products, imported specialties, and fresh produce. It operates around 340 distribution facilities worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
