Analysts expect Kroger to report an earnings per share (EPS) of $1.46.
Investors in Kroger are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings History Snapshot
Last quarter the company beat EPS by $0.03, which was followed by a 4.58% increase in the share price the next day.
Here's a look at Kroger's past performance and the resulting price change:
Quarter
Q4 2024
Q3 2024
Q2 2024
Q1 2024
EPS Estimate
1.11
0.98
0.91
1.34
EPS Actual
1.14
0.98
0.93
1.43
Price Change %
5.0%
-2.0%
1.0%
-0.0%
Performance of Kroger Shares
Shares of Kroger were trading at $65.95 as of June 17. Over the last 52-week period, shares are up 30.49%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analysts' Take on Kroger
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Kroger.
Analysts have provided Kroger with 5 ratings, resulting in a consensus rating of Outperform. The average one-year price target stands at $74.8, suggesting a potential 13.42% upside.
Comparing Ratings with Competitors
The following analysis focuses on ...