Kroger (KR) anticipates a quarterly profit of $0.91 this week, which might provide a decent long signal. However, the technical outlook remains neutral, from where a range breakout is needed before forming a trend.
Kroger (KR) Earnings Forecast
The consensus earnings per share (EPS) predicted for the quarter has not changed in the past 30 days. This represents the underlying analysts' overall reevaluation of their initial projections during this period.
Kroger (KR) is anticipated to report a quarterly profit of $0.91 per share in its coming assessment, representing a 5.2% decrease from last year. Analysts predict earnings of $34.09 billion, or 0.7% more than the previous year.
Any adjustments to earnings forecasts must be considered before a company releases its earnings. These adjustments are essential for forecasting potential investor responses to the stock.
Kroger (KR) Revenue Segment Forecast
According to the analysts' collective evaluation, "Sales—Total revenue for retail consumers without fuel" is expected to be $29.94 billion, an annual change of +1%.
The estimated consensus for "Sales-Supermarket fuel sales " is $3.81 billion. The estimate shows a -3.6 % change from the previous year.
'Sales- Other sales' is expected to amount to $267.52 million depending on the analysts' collaborative estimate. According to the estimate, the difference from the quarter a year ago was +4.5%.
'The number of supermarkets/retail food stores' is predicted by analysts to be 2,727. The estimate is contrasted with the 2,739 value from a year ago.
