LOGO
LOGO

Before The Bell

Kroger Co. (KR) Bounced From The Lows After Q1 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Kroger Co. (KR) reported first quarter EPS of $0.78 Thursday morning, up from $0.70 in the prior year period. The consensus estimate was for EPS of $0.72. The company also increased its full year EPS guidance to between $2.33 and $2.40, from prior expectations of $2.28 to $2.38. The consensus estimate is for EPS of $2.32.

Kroger gapped open higher Thursday and climbed in early trade. The stock extended its gains going into the close and finished up by 1.29 at $22.58, with volume at a 9-month high. Kroger rebounded off of support at the lows of the year and set a 2-week high.

For comments and feedback contact: editorial@rttnews.com

Business News

Get Access to Premium Stock Alerts with RTT Biotech Investor.
Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19