Thursday, March 7, 2019

Kroger Q4 Profit Misses Estimates; Shares Plunge - Quick Facts

The Kroger Co. (KR) reported that its fourth-quarter adjusted net earnings totaled $390 million, or $0.48 per diluted share. Adjusted net earnings in the same period last year were $483 million, or $0.54 per diluted share. On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $0.52 for the quarter. Analysts' estimates typically exclude special items.

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