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Kroger Co. (KR) Has Dropped To A 3-Month Low After Q4 Profit Met Expectations

Kroger Co. (KR) reported fourth quarter adjusted EPS of $0.63 Thursday morning, which was in line with analysts' expectations. The company expects to report full year EPS of $1.95 to $2.15, which is below the consensus estimate.

Kroger gapped open sharply lower this morning and has continued to fall in early trade. The stock is now down 2.61 at $23.62 on above average volume. Kroger has dropped to over a 3-month low.

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