Kroger (KR) Jumps On Q1 Results and Higher Guidance
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Price: $57.50 +2.10%
Financial Fact:
Income tax expense: 171M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Income tax expense: 171M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Shares of Kroger Co. (NYSE: KR) are up 5% in pre-open trading following better than expected Q1 results and a raised outlook.
The leading grocery store chain reported Q1 EPS of $0.70, $0.06 better than the analyst estimate of $0.64. Revenue for the quarter came in at $27.5 billion versus the consensus estimate of $26.48 billion.
The company raised its FY2011 EPS guidance to $1.85-$1.95, versus prior guidance of $1.80-$1.92 and the consensus of $1.92.
The leading grocery store chain reported Q1 EPS of $0.70, $0.06 better than the analyst estimate of $0.64. Revenue for the quarter came in at $27.5 billion versus the consensus estimate of $26.48 billion.
The company raised its FY2011 EPS guidance to $1.85-$1.95, versus prior guidance of $1.80-$1.92 and the consensus of $1.92.
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