FX.co ★ Performance Food Group Q4 Profit Increases, Beats Estimates

Performance Food Group (PFGC) announced an increase in profits for the fourth quarter, surpassing both the previous year's figures and Wall Street expectations.

The company recorded earnings of $166.5 million, translating to $1.07 per share, up from $150.1 million, or $0.96 per share, in the fourth quarter of the previous year.

Excluding special items, Performance Food Group posted adjusted earnings of $1.45 per share for the quarter.

Analysts, on average, had projected earnings of $1.37 per share, based on estimates from Thomson Reuters. Typically, these estimates do not consider extraordinary items.

Quarterly revenue for Performance Food Group rose by 2.2%, reaching $15.189 billion, compared to $14.865 billion the previous year.

### Performance Food Group Earnings Overview (GAAP):

- **Earnings (Q4)**: $166.5 million vs. $150.1 million last year

- **EPS (Q4)**: $1.07 vs. $0.96 last year

- **Revenue (Q4)**: $15.189 billion vs. $14.865 billion last year