These Analysts Raise Their Forecasts On Kroger After Stronger-Than-Expected Q1 Earnings
1. Kroger's Q1 EPS of $1.49 beat expectations of $1.46. 2. Quarterly sales of $45.12 billion missed estimates of $45.19 billion. 3. Gross margin increased to 23%, up from 22% a year ago. 4. Sales ex-fuel guidance raised to 2.25% - 3.25% growth range. 5. Analysts adjusted price targets on Kroger post earnings announcement.