Core Viewpoint - Kroger is anticipated to report a year-over-year decline in earnings and revenues for the quarter ended January 2025, with the consensus outlook indicating potential impacts on its near-term stock price [1][3]. Earnings Expectations - The upcoming earnings report is expected to show quarterly earnings of 34.62 billion, down 6.6% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.33% over the last 30 days, indicating a collective reassessment by analysts [4]. - The Most Accurate Estimate for Kroger is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.43%, suggesting a bearish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with positive readings being more reliable [7][8]. - Kroger's current Zacks Rank is 3, which complicates the prediction of an earnings beat [11]. Historical Performance - In the last reported quarter, Kroger met the expected earnings of $0.98 per share, resulting in no surprise [12]. - Over the past four quarters, Kroger has beaten consensus EPS estimates three times [13]. Conclusion - Kroger does not appear to be a strong candidate for an earnings beat based on current estimates and rankings, but other factors should also be considered when evaluating the stock ahead of its earnings release [16].
Earnings Preview: Kroger (KR) Q4 Earnings Expected to Decline