Company News: Kroger (KR) quarterly results beat analysts’ estimates

Market news

11 September 2020

Company News: Kroger (KR) quarterly results beat analysts’ estimates

Kroger (KR) reported Q2 FY 2020 earnings of $0.73 per share (versus $0.44 per share in Q2 FY 2019), beating analysts’ consensus estimate of $0.54 per share.

The company’s quarterly revenues amounted to $30.489 bln (+8.2% y/y), beating analysts’ consensus estimate of $30.026 bln.

KR rose to $34.85 (+0.32%) in pre-market trading.

United Kingdom: NIESR GDP Estimate, August 7% (forecast -6.3%)

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