logo
  

Kroger Co. Q2 adjusted earnings Beat Estimates

Kroger Co. (KR) reported earnings for second quarter that fell from last year.

The company's earnings came in at $467 million, or $0.61 per share. This compares with $819 million, or $1.03 per share, in last year's second quarter.

Excluding items, Kroger Co. reported adjusted earnings of $610 million or $0.80 per share for the period.

Analysts had expected the company to earn $0.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.9% to $31.68 billion from $30.49 billion last year.

Kroger Co. earnings at a glance:

-Earnings (Q2): $610 Mln. vs. $581 Mln. last year.
-EPS (Q2): $0.80 vs. $0.73 last year.
-Analysts Estimate: $0.64
-Revenue (Q2): $31.68 Bln vs. $30.49 Bln last year.

-Guidance:
Full year EPS guidance: $3.25 - $3.35

For comments and feedback contact: editorial@rttnews.com

Follow RTT