Safeway, Inc. (SWY) Tops Q4 EPS by 18c; Comps Up 0.8%

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BofA/Merrill Lynch Upgrades SAFEWAY (SWY) to Neutral

February 25, 2013 7:30 AM EST

BofA/Merrill Lynch upgraded SAFEWAY (NYSE: SWY) from Underperform to Neutral.

For an analyst ratings summary and ratings history on SAFEWAY click here. For more ratings news on SAFEWAY click here.

Shares of SAFEWAY closed at $22.69 yesterday, with a 52 week range of $14.73-$23.96.... More

Has Safeway (SWY) Turned Corner? Analyst Says No

February 22, 2013 1:49 PM EST

Yesterday Safeway (NYSE: SWY) reported Q4 EPS of $0.94, $0.18 better than the analyst estimate of $0.76 on revenue of $13.77 billion. While the beat looks impressive on paper, analyst Ajay Jain of Cantor Fitzgerald said at least $0.50 of EPS came from a variety of non-operating or... More