On Wednesday, August 12, SpartanNash SPTN will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Analysts predict SpartanNash will report earnings of $0.63 per share on revenue of $2.26 billion. In the same quarter last year, SpartanNash reported EPS of $0.34 on revenue of $2.00 billion. If the company were to report in-line earnings when it publishes results Wednesday, quarterly profit would be up 85.29%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
---|---|---|---|---|
EPS Estimate | 0.47 | 0.27 | 0.35 | 0.34 |
EPS Actual | 0.67 | 0.23 | 0.30 | 0.34 |
Revenue Estimate | 2.62 B | 2.00 B | 1.99 B | 2.01 B |
Revenue Actual | 2.86 B | 2.00 B | 2.00 B | 2.00 B |
Stock Performance
Over the last 52-week period, shares are up 149.55%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Don't be surprised to see the stock move on comments made during its conference call. SpartanNash is scheduled to hold the call at 08:00:00 ET and can be accessed here: http://public.viavid.com/player/index.php?id=141095
Edge Rankings
Price Trend
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