Earnings Preview: Kroger Reports Quarterly Results Friday

| About: Kroger Co. (KR)

The Kroger Co. (NYSE:KR) is due to report earnings before the opening bell on September 9, 2011.

KR trades an average of 7.5 million shares per day.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. It operates supermarkets in various formats. The company was founded in 1883 and is based in Cincinnati, Ohio.

52 Week High: $25.85
52 Week Low: $20.53
Book Value: $8.69
Float Short: 2.68%

On average, 14 analysts are expecting a drop of $-0.27 in earnings per share compared to last quarter's results of $0.70. Investors will be looking to top $0.43 per share, based on the estimated mean earnings. Analyst estimates range between $0.36 and $0.45 per share.

The current trailing twelve months ((ttm)) P/E ratio is 12.4 The forward P/E ratio is 11.6.
In the last month, the stock has decreased in price -2.00 %, with a one year change of 13.25%.
Comparing to the S&P 500 price changes, the price performances are 0.12% vs. the S&P 500 from a month ago, and year to date difference is 10.57% vs. the S&P 500 price change.

Revenue year-over-year has increased to $82.19 billion for 2011 vs. $76.73 billion for 2010. The bottom line has rising earnings year-over-year of $1.12 billion for 2011 vs. $70.00 million for 2010. The company's earnings before income and taxes are rising with an EBIT year-over-year of $2.18 billion for 2011 vs. $1.09 billion for 2010.

Revenue growth is at an annual rate of 7.12%.

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Apr-11 $ 26.65 B $ 27.46 B $ 812.40 M 3.05%
Jan-11 $ 19.38 B $ 19.93 B $ 548.10 M 2.83%
Oct-10 $ 18.53 B $ 18.70 B $ 168.20 M 0.91%
Jul-10 $ 18.72 B $ 18.80 B $ 78.90 M 0.42%
Apr-10 $ 24.19 B $ 24.76 B $ 578.20 M 2.39%
M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)

Reported earnings per share compared to the mean estimate. Differences are rounded.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point for your own research with your financial planner. I use Seeking Alpha, Edgar Online, Google Finance, MSN Money, CNBC, Zacks and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of most interest.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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Tagged: , Grocery Stores, Earnings
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