Kroger Q4 2024 Adj Sales $37.064B Miss $37.112B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kroger (NYSE:KR) reported its Q4 2024 earnings with adjusted sales of $37.064B, slightly missing the $37.112B estimate. However, its earnings per share of $1.340 exceeded the consensus estimate of $1.130 by 18.58%.
March 07, 2024 | 1:01 pm
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Kroger's Q4 2024 earnings report showed a slight miss in sales but a significant beat in EPS, indicating mixed financial performance.
Kroger's earnings report presents a mixed picture. While the slight miss in sales might concern some investors, the significant beat in EPS is likely to be viewed positively. The mixed results make the short-term stock price direction uncertain, hence a neutral score. The high relevance, importance, and confidence scores are due to the direct impact of earnings reports on investor sentiment and stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100