Kroger Reports First Quarter 2024 Results and Reaffirms Guidance
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BofA Securities Reiterates Buy Rating on Kroger (KR)
June 21, 2024 5:37 AM EDTBofA Securities analyst Robert Ohmes reiterated a Buy rating and $70.00 price target on Kroger (NYSE: KR).
The analyst comments "KRs F1Q adj. EPS of $1.43 was above Street $1.34. ID sales excluding fuel were +0.5% (versus Street -0.3%), with digital sales +8% y/y. KR saw... More
Roth/MKM on Kroger (KR): '1Q Better than Feared - Upside not until 2H'
June 20, 2024 2:41 PM EDTRoth/MKM analyst Bill Kirk reiterated a Neutral rating and $50.00 price target on Kroger (NYSE: KR).
The analyst ocmments "Kroger delivered a modest 1Q beat, with Grocery better than expected, but fuel profitability (-LSD) and Health & Wellness worse. Results (y/y) are... More
Kroger (KR) stock gains after topping Q1 earnings, revenue expectations
June 20, 2024 8:47 AM EDTKroger (NYSE: KR) shares climbed 2.92% premarket Thursday after the grocery chain reported first-quarter earnings and revenue that topped analyst expectations.
The company's adjusted earnings per share (EPS) came in at $1.43, exceeding the consensus estimate of $1.34. Revenue for the quarter was also a beat, coming in at $45.27 billion against the expected $44.93 billion.
Kroger's... More
Kroger (KR) Tops Q1 EPS by 9c; Reaffirms
June 20, 2024 8:04 AM EDTKroger (NYSE: KR) reported Q1 EPS of $1.43, $0.09 better than the analyst estimate of $1.34. Revenue for the quarter came in at $45.27 billion versus the consensus estimate of $44.93 billion.
GUIDANCE:
Kroger reaffirms FY2025 EPS of $4.30-$4.50, versus the consensus of $4.43.
For earnings history and earnings-related data on Kroger (KR) click here.
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