Why Kroger Co. Stock Popped on Thursday
Shares of grocer Kroger (NYSE: KR) jumped as much as 13.6% on Thursday, following the company's release of its third-quarter results. The stock finished the trading day up 6.1%.
Kroger stock's rise on Thursday likely reflects the quarter's better-than-expected revenue and earnings per share (EPS). Revenue and earnings per share for the quarter were $27.7 billion and $0.44, respectively. On average, analysts were expecting revenue and EPS of $27.5 billion and $0.40, respectively.
Image source: Getty Images.
Source: Fool.com
Kroger Co. Aktie
49,55 €
-0,94 %
Die Kroger Co. Aktie verzeichnet mehrere Buy-Einschätzungen, was auf eine positive Tendenz hindeutet.
Ein Kursziel von 54 € für Kroger Co. signalisiert ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 49.55 €.
