Earnings Preview: Kroger
Portfolio Pulse from Benzinga Insights
Kroger (NYSE:KR) is anticipated to report a quarterly EPS of $1.13 on March 7, 2024. Historical data shows positive stock movement following earnings beats. Last quarter, KR beat EPS estimates by $0.04, leading to a 0.75% share price increase. Over the past year, KR shares have risen by 5.16%, indicating a bullish outlook among long-term investors.
March 06, 2024 | 2:01 pm
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Kroger is expected to report a quarterly EPS of $1.13, with historical performance indicating positive stock movement post-earnings. Shares have increased by 5.16% over the last year.
Given Kroger's history of beating EPS estimates and the subsequent positive stock price movements, there is a strong likelihood of a positive short-term impact on KR's stock price if the trend continues. The anticipation of positive guidance could further bolster investor sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100