Company News: Kroger Co (KR) quarterly earnings beat analysts’ estimate

Market news

6 December 2018

Company News: Kroger Co (KR) quarterly earnings beat analysts’ estimate

Kroger Co (KR) reported Q3 FY 2018 earnings of $0.48 per share (versus $0.44 in Q3 FY 2017), beating analysts’ consensus estimate of $0.43.

The company’s quarterly revenues amounted to $27.672 bln (-0.3% y/y), generally in line with analysts’ consensus estimate of $27.640 bln.

KR fell to $28.35 (-1.01%) in pre-market trading.

U.S.: Nonfarm Productivity, q/q, Quarter III 2.3% (forecast 2.3%)

Canada: Trade balance, billions, October -1.17 (forecast -0.7)

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