Kroger (KR) Tops Q4 EPS by 1c; Guides In-Line
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March 3, 2017 8:20 AM EST
Pivotal Research lowered its price target on Kroger (NYSE: KR) to $32.00 (from $35.00) while maintaining a Hold rating. Reported 4Q EPS was $0.53, $0.01 better than consensus. However, the top-line performance took a step backward with -0.7% IDs ex. fuel.
Analyst Ajay Jain commented, "The latest results at Kroger and Albertsons point to a rapidly... More
March 3, 2017 7:52 AM EST
Argus lowered its price target on Kroger (NYSE: KR) to $40.00 (from $43.00) while maintaining a Buy rating.
The analsyt commented, "We believe that Kroger is differentiating itself by offering continuous innovation in a very volatile retail sector. Kroger has been a leader in using rigorous... More
March 3, 2017 7:08 AM EST
Jefferies reiterated a Hold rating and $30.00 price target on Kroger (NYSE: KR) following the company's 4Q earnings report. Adjusted EPS of $0.53 fell short of the $0.52 consensus. KR provided 2017 EPS guidance of $2.21-2.25 vs.$2.23 consensus.
Analyst Christopher Mandeville commented, "As expected, 4Q16 comps/EPS (ex $0.02... More
