U.S. stocks recorded gains on Friday, with the major indices on the Wall Street notching their first weekly surge in four weeks. Markets are now awaiting August's consumer prices data, due on Tuesday, to look out for any signs of easing in inflation level. Annual inflation is seen declining to an 8.1% rate in August, compared to 8.5% in July.
There are several critical aspects of the PreMarket Prep show that no other financial media has even a clue about. One of those is interpreting order flow and the price action in premarket and after-hours trading.
Kroger (NYSE:KR) reported its Q2 earnings results on Friday, September 9, 2022 at 08:00 AM. Here's what investors need to know about the announcement. Earnings Kroger beat estimated earnings by 16.88%, reporting an EPS of $0.9 versus an estimate of $0.77.
Kroger Co (NYSE: KR) shares traded lower by 2.93% to $48.36 to close Thursday's trading session. Shares fell after Credit Suisse cut its price target on the stock from $60 to $55. The company also reports second-quarter earnings tomorrow.
Kroger (NYSE:KR) is set to give its latest quarterly earnings report on Friday, 2022-09-09. Here's what investors need to know before the announcement. Analysts estimate that Kroger will report an earnings per share (EPS) of $0.77.
Over the past 3 months, 4 analysts have published their opinion on Kroger (NYSE:KR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Kroger's (NYSE:KR) short percent of float has fallen 12.22% since its last report. The company recently reported that it has 22.13 million shares sold short, which is 3.09% of all regular shares that are available for trading.
Kroger (NYSE:KR) has outperformed the market over the past 10 years by 5.14% on an annualized basis producing an average annual return of 16.97%. Currently, Kroger has a market capitalization of $39.72 billion.