Earnings Alerts

Kroger Co (KR) Earnings Surpass Estimates: 4Q Adjusted EPS Outperforms with $1.34

  • Kroger’s 4Q adjusted EPS beat estimates, coming in at $1.34 compared to the expected $1.11.
  • The reported EPS for Kroger was $1.01.
  • Sales were higher than estimates, totalling $37.06 billion against the predicted $36.74 billion.
  • Identical-store sales, excluding fuel, decreased by -0.8%. This is better than the estimated decrease of -1.51%.
  • Kroger’s operating profit was $1.19 billion.
  • Adjusted FIFO (First In, First Out) operating profit was $1.31 billion, beating the estimate of $1.21 billion.
  • Analysts’ ratings for Kroger currently stand at 8 buys, 13 holds, and 1 sell.

Kroger Co on Smartkarma

Baptista Research, an independent investment research provider on Smartkarma, recently published two insightful reports on Kroger Co. The first report, titled “The Kroger Co.: How This Retail Giant is Winning the Battle Against Economic Pressures! – Major Drivers”, highlighted how Kroger Co. managed to exceed analyst expectations in terms of revenue and earnings. According to the report, the company’s robust fuel performance and growth in alternative profit sectors contributed to a sustained increase in adjusted net earnings per diluted share. Additionally, Kroger’s diversified business model, which includes alternative profit businesses like Kroger Precision Marketing and Kroger Health, supported earnings growth.

In their second report, “The Kroger Co.: Will The Partnership With Performance Kitchen Catalyze Revenues? – Major Drivers”, Baptista Research discussed Kroger Co.’s recent quarterly results. While the company’s revenues fell below market expectations, they were able to surpass the analyst consensus on earnings. The report also highlighted the positive impact on operating profit during the second quarter and the expectation for this trend to continue for the remainder of the year. Additionally, the report mentioned Kroger Health’s recent partnership with Performance Kitchen to provide medically customized meals, which could potentially drive revenues for the company.


A look at Kroger Co Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

The future looks bright for Kroger Co, the American supermarket and convenience store chain. According to Smartkarma Smart Scores, the company has received high marks in several important categories, including momentum and growth. This indicates that Kroger Co is performing well and is on track for continued success in the long-term.

In addition to its strong momentum and growth potential, Kroger Co also scores well in the areas of value and dividend. This means that the company is not only performing well, but also offers good value to investors and pays out dividends regularly. However, it is worth noting that the company scored slightly lower in resilience, indicating that it may face some challenges in the future.

Overall, based on the Smartkarma Smart Scores, Kroger Co appears to have a positive long-term outlook. The company’s strong performance in several key areas, such as momentum and value, suggest that it is well-positioned for continued success in the competitive supermarket and convenience store industry. With its focus on both retail and food manufacturing, Kroger Co is a versatile and resilient company that is worth keeping an eye on for potential investment opportunities.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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