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Kroger Co. Q2 adjusted earnings Beat Estimates

Kroger Co. (KR) revealed earnings for its second quarter that advanced from last year.

The company's bottom line came in at $508 million, or $0.62 per share. This compares with $353 million, or $0.39 per share, in last year's second quarter.

Excluding items, Kroger Co. reported adjusted earnings of $336 million or $0.41 per share for the period.

Analysts had expected the company to earn $0.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.0% to $27.87 billion from $27.60 billion last year.

Kroger Co. earnings at a glance:

-Earnings (Q2): $336 Mln. vs. $353 Mln. last year.
-EPS (Q2): $0.41 vs. $0.39 last year.
-Analysts Estimate: $0.37
-Revenue (Q2): $27.87 Bln vs. $27.60 Bln last year.

Full year EPS guidance: $2.00 to $2.15

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