Kroger Gears Up For Q1 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Kroger Co. (NYSE:KR) is set to release its Q1 financial results on Thursday. Analysts expect earnings of $1.34 per share and revenue of $45.04 billion. Recent analyst ratings include upgrades and price target adjustments from BMO Capital, Telsey Advisory Group, Wells Fargo, JP Morgan, and Morgan Stanley. Kroger shares recently gained 1.8% to close at $51.98.
June 20, 2024 | 11:28 am
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Kroger is set to release its Q1 financial results with expected earnings of $1.34 per share and revenue of $45.04 billion. Recent analyst ratings include upgrades and price target adjustments, indicating positive sentiment. Shares recently gained 1.8%.
The upcoming earnings report and recent positive analyst ratings suggest a favorable short-term outlook for Kroger. The stock's recent price increase further supports this sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100