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12.09.2024

Company news: Kroger’s (KR) quarterly earnings beat analysts’ expectations

Kroger (KR) reported Q2 FY2024 earnings of $0.93 per share (versus $0.96 per share in Q2 FY2023), beating analysts’ consensus estimate of $0.91 per share.

The company’s quarterly revenues amounted to $33.912 bln (+0.2% y/y), slightly missing analysts’ consensus estimate of $34.089 bln.

KR rose to $51.80 (+0.58%) in pre-market trading.

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