Safeway (SWY) Initates FY12 EPS Outlook at $1.90 - $2.10
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Price: $35.10 --0%
Financial Fact:
Interest expense: -50.8M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Interest expense: -50.8M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Safeway Inc. (NYSE: SWY) will hold a conference today for institutional investors and research analysts beginning at 8:00 AM EST (5:00 AM PST). Management will review Safeway's recent performance and establish its 2012 financial guidance.
For the year 2012, the company is initiating earnings per share guidance of $1.90 to $2.10 per diluted share. The Street sees EPS of $1.98.
This guidance contemplates ID sales growth, excluding fuel, in a range of 1.0% to 2.0% in 2012, operating profit margin change, excluding fuel, of positive to negative five basis points, cash capital expenditures of approximately $900 million and free cash flow in a range of $0.85 billion to $0.95 billion.
For the year 2012, the company is initiating earnings per share guidance of $1.90 to $2.10 per diluted share. The Street sees EPS of $1.98.
This guidance contemplates ID sales growth, excluding fuel, in a range of 1.0% to 2.0% in 2012, operating profit margin change, excluding fuel, of positive to negative five basis points, cash capital expenditures of approximately $900 million and free cash flow in a range of $0.85 billion to $0.95 billion.
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