KR - Kroger Stock Drops Despite Market Gains: Important Facts to Note | Benzinga
In the latest trading session, Kroger (NYSE: KR) closed at $53.89, marking a -0.57% move from the previous day. This change lagged the S&P 500's daily gain of 0.09%. Elsewhere, the Dow saw a downswing of 0.49%, while the tech-heavy Nasdaq appreciated by 0.65%.
The stock of supermarket chain has fallen by 4.19% in the past month, lagging the Retail-Wholesale sector's gain of 5.59% and the S&P 500's gain of 5.78%.
Investors will be eagerly watching for the performance of Kroger in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.33, signifying a 11.92% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $44.97 billion, reflecting a 0.43% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus ...