SUPERVALU (SVU) Set to Announce Quarterly Earnings on Thursday
SUPERVALU (NYSE:SVU) is scheduled to be issuing its Q3 quarterly earnings data before the market opens on Thursday, January 9th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
SUPERVALU (NYSE:SVU) last released its earnings data on Thursday, October 17th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.04. The company had revenue of $3.95 billion for the quarter, compared to the consensus estimate of $3.88 billion. The company’s revenue for the quarter was up .3% on a year-over-year basis. On average, analysts expect SUPERVALU to post $0.56 EPS for the current fiscal year and $0.69 EPS for the next fiscal year.
Shares of SUPERVALU (NYSE:SVU) opened at 7.04 on Wednesday. SUPERVALU has a 52-week low of $2.79 and a 52-week high of $8.76. The stock’s 50-day moving average is $6.64 and its 200-day moving average is $7.23. The company’s market cap is $1.827 billion.
SVU has been the subject of a number of recent research reports. Analysts at Goldman Sachs Group Inc. downgraded shares of SUPERVALU from a “neutral” rating to a “sell” rating in a research note to investors on Monday, November 18th. They now have a $6.00 price target on the stock, down previously from $8.00. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of SUPERVALU in a research note to investors on Friday, November 15th. They now have a $7.25 price target on the stock. Finally, analysts at Jefferson Research upgraded shares of SUPERVALU from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company’s stock. SUPERVALU has a consensus rating of “Hold” and a consensus price target of $12.35.
SUPERVALU INC. (NYSE:SVU) is a United States grocery channel.
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