Earnings Wrap: SYY, HUM

Sysco (SYY) announced that earnings fell for the first quarter of its 2013 fiscal year even though sales increased. The company earned $286.6 million, or 49 cents per share, down by 5.3 percent, from $302.6 million, or 51 cents per share, in the same period last year. Analysts had expected earnings of 50 cents per share. Sales were higher by 4.7 percent to $11.1 billion.