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Kroger Co. Q3 adjusted earnings Beat Estimates

Kroger Co. (KR) announced earnings for third quarter that fell from the same period last year.

The company's earnings totaled $317 million, or $0.39 per share. This compares with $397 million, or $0.44 per share, in last year's third quarter.

Excluding items, Kroger Co. reported adjusted earnings of $394 million or $0.48 per share for the period.

Analysts had expected the company to earn $0.43 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.3% to $27.67 billion from $27.75 billion last year.

Kroger Co. earnings at a glance:

-Earnings (Q3): $394 Mln. vs. $397 Mln. last year.
-EPS (Q3): $0.48 vs. $ last year.
-Analysts Estimate: $0.43
-Revenue (Q3): $27.67 Bln vs. $27.75 Bln last year.

-Guidance:
Full year EPS guidance: $2.00 to $2.15

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