Sysco (SYY) beats earnings estimates in Q2 but misses on revenue

Sysco Corporation (NYSE: SYY) reported a 43% jump in earnings for the second quarter of 2020 driven by lower interest expense as well as higher other income. The bottom line exceeded analysts’ expectations while the top line missed consensus estimates. Net income climbed by 43% to $383.41 million or $0.74 per share. Adjusted earnings increased … Continue reading Sysco (SYY) beats earnings estimates in Q2 but misses on revenue