Recap: Kroger Q1 Earnings

 

Shares of Kroger (NYSE:KR) rose 1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 2.46% year over year to $1.19, which beat the estimate of $1.01.

Revenue of $41,298,000,000 decreased by 0.60% from the same period last year, which beat the estimate of $39,780,000,000.

Looking Ahead

Kroger boosted its FY21 adjusted EPS guidance from $2.75-$2.95 to $2.95-$3.10.

Details Of The Call

Date: Jun 17, 2021

Time: 10:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/kr/mediaframe/45278/indexr.html

Technicals

Company's 52-week high was at $42.99

Company's 52-week low was at $30.35

Price action over last quarter: Up 8.45%

Company Description

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