07.03.2024 14:04:25 - dpa-AFX: Kroger Co. Q4 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Kroger Co. (KR) revealed a profit for its fourth
quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $736 million, or $1.01 per share. This
compares with $450 million, or $0.62 per share, in last year's fourth quarter.

Excluding items, Kroger Co. reported adjusted earnings of $835 million or $1.14
per share for the period.

Analysts on average had expected the company to earn $1.13 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 6.4% to $37.06 billion from $34.82
billion last year.

Kroger Co. earnings at a glance (GAAP) :

-Earnings (Q4): $736 Mln. vs. $450 Mln. last year.
-EPS (Q4): $1.01 vs. $0.62 last year.
-Revenue (Q4): $37.06 Bln vs. $34.82 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
KROGER CO. DL 1 851544 Xetra 49,120 23.05.24 17:35:39 -0,410 -0,83% 48,830 49,845 49,120 49,120

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