Sysco (SYY) Projected to Release Earnings on Tuesday

Sysco (NYSE:SYY) will likely be releasing its Q1 2027 results before the market opens on Tuesday, November 3rd. Analysts expect the company to announce earnings of $1.19 per share and revenue of $22.03 billion for the quarter. Sysco has set its FY 2027 guidance at 5.025-5.117 EPS and its Q1 2027 guidance at 1.180-1.200 EPS. Parties can check the company’s upcoming Q1 2027 earnings summary page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 10:00 AM ET.

Sysco (NYSE:SYY) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.02. The business had revenue of $22.12 billion during the quarter, compared to analysts’ expectations of $21.95 billion. Sysco had a net margin of 2.08% and a return on equity of 95.05%. Sysco’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.48 earnings per share. On average, analysts expect Sysco to post $5.09 EPS for the current fiscal year and $5.32 EPS for the next fiscal year.

Sysco Price Performance

NYSE SYY opened at $82.19 on Tuesday. Sysco has a 1 year low of $68.19 and a 1 year high of $91.85. The company has a fifty day simple moving average of $80.55 and a 200 day simple moving average of $80.29. The company has a current ratio of 1.28, a quick ratio of 0.77 and a debt-to-equity ratio of 4.62. The company has a market cap of $40.43 billion, a P/E ratio of 17.65, a P/E/G ratio of 2.79 and a beta of 0.64.

Sysco Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Friday, October 2nd were issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Friday, October 2nd. Sysco’s dividend payout ratio is 60.11%.

Insider Transactions at Sysco

In other news, EVP Ronald Phillips sold 960 shares of the stock in a transaction on Friday, September 11th. The shares were sold at an average price of $83.00, for a total value of $79,680.00. Following the completion of the transaction, the executive vice president owned 49,852 shares in the company, valued at approximately $4,137,716. This represents a 1.89% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 15,525 shares of company stock valued at $1,299,736. Insiders own 0.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Piper Sandler lifted their price objective on Sysco from $77.00 to $84.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Weiss Ratings raised Sysco from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 15th. Morgan Stanley increased their target price on Sysco from $88.00 to $91.00 and gave the company an “equal weight” rating in a research note on Thursday, October 15th. Wall Street Zen lowered Sysco from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Guggenheim reaffirmed a “buy” rating and issued a $90.00 price target on shares of Sysco in a research report on Wednesday, September 16th. Nine research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Sysco presently has an average rating of “Moderate Buy” and a consensus target price of $90.42.

About Sysco

Sysco Corporation is a global foodservice distribution company headquartered in Houston, Texas. It supplies food and related products to restaurants, healthcare and educational institutions, hotels, government facilities, and other foodservice operators.

The company distributes a broad range of products, including fresh and frozen foods, meat and seafood, produce, dairy products, canned and packaged goods, beverages, and specialty food items. Sysco also provides nonfood products such as kitchen and dining supplies, equipment, and cleaning products, along with services intended to help customers manage menus, procurement, and operations.

Founded in 1969, Sysco serves customers primarily across the United States and Canada, as well as in parts of Europe and other international markets.