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Benzinga
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Top Wall Street Forecasters Revamp Kroger Expectations Ahead Of Q1 Earnings

1. Kroger's Q1 earnings expected at $1.46 per share, up from $1.43. 2. Projected Q1 revenue is $45.31 billion, slightly above last year. 3. Previous quarter's earnings missed sales estimates but beat EPS expectations. 4. Analysts show varied ratings; targets range from $65 to $82. 5. KR shares rose 0.7% to close at $66.01 recently.

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FAQ

Why Bullish?

Analysts expect modest growth in earnings and revenue. Recent positive analyst ratings may bolster investor confidence.

How important is it?

The text emphasizes earnings growth and positive analyst outlooks, which can impact stock performance.

Why Short Term?

The upcoming earnings report will directly influence short-term stock movement.

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