Kroger: Q2 Earnings Insights

KrogerKR stock rose by 0.49% on Monday after the company reported their Q2 earnings results on Friday, September 10, 2021 at 08:00 AM.

Here's what investors need to know about the announcement.

Kroger beat their estimated earnings by 25.0%, which surprised analysts.

Revenue was up $1,193,000,000 from the same period last year.

Last quarter the company beat on EPS by $0.18, which was followed by a 1.1% drop in the share price the next day.

Here's a look at Kroger's past performance and the resulting price change:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020
EPS Estimate	0.64	1.01	0.69	0.67	0.55
EPS Actual	0.80	1.19	0.81	0.71	0.73
Price Change %	-7.5%	-1.1%	1.03%	-0.97%	-1.07%

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Kroger earnings and revenue guidance hasn't been issued for now.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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