Kroger 1Q Earnings Pregame Scorecard

FOXBusiness

Having topped analysts' estimates last quarter by one cent per share, Kroger is expected to deliver its latest earnings on Thursday, June 14, 2012.

Expectations

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Analysts currently expect Kroger to come in with earnings of 72 cents per share on revenues of $29.15 billion. Estimates from analysts range from 71 cents per share to 75 cents per share. Over the past three months, the average estimate has moved down from 73 cents.

Last Quarter's Results

In the fourth quarter of the last fiscal year, the company swung to a loss of $307 million (49 cents a share) from a profit of $278 million (44 cents) a year earlier, but beat analyst expectations. Revenue rose 7.4% to $21.41 billion from $19.93 billion.

Stock Ratings

Analysts are split on Kroger, but seven of 18 analysts rate it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Stock Movement

The stock price has been falling recently The share price has fallen 34 cents since June 4, 2012. Looking at change over the last three months, March 14, 2012 and June 8, 2012, the stock price fell $2.77 (-11.4%), from $24.34 to $21.57.

Company Fundamental Trends

Summary

Reporting Period: 1Q

Date of Release: Thursday, June 14, 2012 before market open

EPS: 72 cents

Revenue Estimate: $29.15 billion