Company Performance - Kroger's stock increased by 2.69% to $61.11, outperforming the S&P 500's daily gain of 0.16% [1] - Over the past month, Kroger's shares experienced a decline of 5.82%, underperforming the Retail-Wholesale sector's gain of 5.12% and the S&P 500's gain of 1.89% [1] Upcoming Earnings - Analysts project Kroger's earnings per share (EPS) to be $1.2, reflecting a 5.26% increase from the same quarter last year [2] - Revenue is expected to reach $35.19 billion, indicating a 2.57% increase compared to the year-ago quarter [2] Full Year Estimates - For the full year, earnings are estimated at $4.79 per share and revenue at $148.11 billion, representing changes of +7.16% and +0.67% respectively from last year [3] Analyst Estimates - Recent modifications to analyst estimates for Kroger reflect near-term business trends, with positive changes indicating a favorable outlook on business health and profitability [4] Zacks Rank and Valuation - The Zacks Rank system, which assesses estimate changes, currently ranks Kroger at 3 (Hold) [6] - Kroger's Forward P/E ratio is 12.43, compared to the industry average of 15.08, suggesting it is trading at a discount [7] - The PEG ratio for Kroger is 1.67, while the Retail - Supermarkets industry has an average PEG ratio of 2.2 [8] Industry Context - The Retail - Supermarkets industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 170, placing it in the bottom 31% of over 250 industries [9]
Kroger (KR) Beats Stock Market Upswing: What Investors Need to Know