Spartan Stores (SPTN) Q1 Earnings Meet Estimates

Spartan Stores (SPTN) came out with quarterly earnings of $0.53 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this grocery store operator and grocery distributor would post earnings of $0.38 per share when it actually produced earnings of $0.35, delivering a surprise of -7.89%. Over the last four quarters, the company has surpassed consensus EPS estimates j ...