BOSTON (Thomson Financial) - Performance Food Group Co. Tuesday reported
fourth-quarter earnings from continuing operations of $15.1 million, or 43 cents
a share, edging the mean estimate of analysts polled by Thomson Financial of 42
cents a share.
Sales for the three months ended Dec. 29, rose 10% to $1.63 billion from
$1.48 billion a year earlier. Wall Street's consensus estimate was for
fourth-quarter sales of $1.63 billion.
The Richmond, Va.-based food product distributor expects 2008 adjusted
earnings of $1.53 to $1.65 a share, while analysts polled by Thomson Financial,
on average, estimate full-year earnings of $1.56 a share.
The stock closed at $32.34 on Monday.
Greg Saulnier
gs/jw
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