Kroger CFO Says Expect Q3 Adj. EPS To Be In Line With Prior Year And Slightly Ahead Of Prior Year In Q4
Portfolio Pulse from Benzinga Newsdesk
Kroger's CFO has announced that the company expects its Q3 adjusted EPS to be in line with the prior year and slightly ahead of the prior year in Q4.
September 08, 2023 | 2:27 pm
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NEUTRAL IMPACT
Kroger's Q3 adjusted EPS is expected to be in line with the prior year and Q4 is expected to be slightly ahead of the prior year.
The CFO's forecast indicates stability in Kroger's earnings, which could be seen as a positive sign by investors. However, the 'slightly ahead' comment for Q4 is not a strong bullish signal, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100