Earnings Outlook for Kroger

On Friday, September 11, Kroger KR will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Based on management's projections, Kroger analysts model for earnings of $0.54 per share on sales of $29.84 billion. In the same quarter last year, Kroger reported EPS of $0.44 on revenue of $28.17 billion. The Wall Street consensus estimate for earnings per share would represent a 22.73% increase for the company. The company's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Over the last 52-week period, shares of Kroger are up 34.31%.

Given these returns, long-term shareholders are probably somewhat satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Kroger is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/kr/mediaframe/40460/indexr.html