Kroger Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
Kroger Co. (NYSE:KR) is set to report its Q2 2023 financial results on Sept. 8, 2023. Analysts predict earnings of 91 cents per share, up from 90 cents per share a year ago, and revenue of $34.12 billion, down from $34.64 billion. Kroger shares gained 1% in after-hours trading. Analysts from Morgan Stanley, Northcoast Research, Deutsche Bank, JP Morgan, and Wells Fargo have recently revised their ratings and price targets for the company.
September 08, 2023 | 7:04 am
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Kroger Co. is expected to report increased earnings but decreased revenue for Q2 2023. The company's stock gained 1% in after-hours trading. Analysts have recently revised their ratings and price targets for the company.
The news is directly about Kroger Co. and its upcoming Q2 2023 financial results. The predicted increase in earnings could have a positive impact on the stock, while the predicted decrease in revenue could have a negative impact. The recent changes in analyst ratings and price targets could also influence the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100