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Kroger Stock Could Use Another Post-Earnings Pop
KRKroger(KR) Forbes·2024-06-13 16:30

Cincinnati-based grocery giant Kroger (KR) is gearing up for its first-quarter earnings report, due out before the open Thursday, June 20. A look at KR’s history of post-earnings reactions during the past two years shows a mostly positive response, with five of these next-day sessions higher, including a 9.9% pop in March. The security averaged a post-earnings swing of 4.2%, regardless of direction. This time around, the options market is pricing in a higher move of 6.3%.Kroger stock could use another posit ...