Kroger
According to Estimize, the Street is expecting to see a year-over-year increase in earnings of 12.5 percent, from $0.35 per share reported in the second quarter of 2014 to a consensus of $0.40 projected for the current quarter.
Revenues are also expected to rise slightly, from $25.31 billion reported a year ago to $25.594 billion modeled for the second quarter of 2015.
The crowd is also bullish, and envisions consensus earnings of $0.41 per share on revenue of $25.673 billion.
These figures, however, imply a decline from last quarter. In the first quarter of 2015, earnings came in at $0.63 per share, and revenue at $33.051 billion.
One more thing should be noted: Kroger has a history of beating estimates.
Mattress Firm Holding Corp
Mattress Firm will also report its second-quarter financial results on Friday morning before the market opens. And, similar to Kroger’s case, the Street expects an EPS year-over-year growth rate of 12.85 percent.
Earnings came in at $0.61 per share on revenue of $410 million a year ago. For the current quarter, the Street anticipates consensus EPS of $0.70 on sales of $654.35 million, while the crowd models consensus earnings of $0.71 per share on revenue of $657.17 million.
Opposite to the previous case, it should be noted that the company has tended to miss estimates in at least four of the last eight quarters.
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