Market Overview

Earnings Preview: SpartanNash

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On Wednesday, August 12, SpartanNash (NASDAQ: SPTN) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Analysts predict SpartanNash will report earnings of $0.63 per share on revenue of $2.26 billion. In the same quarter last year, SpartanNash reported EPS of $0.34 on revenue of $2.00 billion. If the company were to report in-line earnings when it publishes results Wednesday, quarterly profit would be up 85.29%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.47 0.27 0.35 0.34
EPS Actual 0.67 0.23 0.30 0.34
Revenue Estimate 2.62 B 2.00 B 1.99 B 2.01 B
Revenue Actual 2.86 B 2.00 B 2.00 B 2.00 B

Stock Performance

Over the last 52-week period, shares are up 149.55%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Don't be surprised to see the stock move on comments made during its conference call. SpartanNash is scheduled to hold the call at 08:00:00 ET and can be accessed here: http://public.viavid.com/player/index.php?id=141095

 

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Posted-In: Earnings