Kroger Q2 2024 Adj. EPS $0.93 Beats $0.91 Estimate, Sales $33.912B Miss $34.090B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kroger's Q2 2024 earnings per share (EPS) of $0.93 surpassed analyst expectations of $0.91, despite a year-over-year decrease. However, sales of $33.912 billion fell short of the $34.090 billion estimate, showing a slight increase from last year.
September 12, 2024 | 12:02 pm
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Kroger's Q2 2024 earnings per share exceeded expectations, but sales fell short. The EPS of $0.93 beat the $0.91 estimate, while sales of $33.912 billion missed the $34.090 billion forecast.
Kroger's earnings per share beat expectations, which is positive, but the sales miss could offset this. The mixed results may lead to a neutral short-term impact on the stock price.
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