SuperValu Inc. (SVU) Scheduled to Post Earnings on Tuesday
SuperValu Inc. (NYSE:SVU) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, July 25th. Analysts expect SuperValu to post earnings of $0.10 per share for the quarter.
SuperValu (NYSE:SVU) last posted its earnings results on Tuesday, April 25th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.04. SuperValu had a net margin of 4.34% and a negative return on equity of 88.07%. The firm had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.90 billion. During the same period in the previous year, the business posted $0.23 EPS. The business’s revenue was up .6% compared to the same quarter last year. On average, analysts expect SuperValu to post $0.36 EPS for the current fiscal year and $0.35 EPS for the next fiscal year.
SuperValu Inc. (SVU) opened at 3.27 on Tuesday. The firm has a market capitalization of $873.09 million, a PE ratio of 1.33 and a beta of 2.03. The company has a 50 day moving average of $3.69 and a 200 day moving average of $3.96. SuperValu Inc. has a 1-year low of $2.90 and a 1-year high of $5.74.
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SVU has been the topic of several research analyst reports. Morgan Stanley restated an “equal weight” rating and set a $3.50 target price (down from $4.50) on shares of SuperValu in a research report on Monday, June 19th. Royal Bank Of Canada raised shares of SuperValu from a “sector perform” rating to an “outperform” rating and set a $6.00 target price for the company in a research note on Thursday, March 23rd. Guggenheim reissued a “neutral” rating on shares of SuperValu in a research note on Monday, May 1st. ValuEngine downgraded shares of SuperValu from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Zacks Investment Research raised shares of SuperValu from a “sell” rating to a “hold” rating in a research note on Monday, May 15th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. SuperValu currently has an average rating of “Hold” and a consensus price target of $4.92.
SuperValu Company Profile
Supervalu Inc is a wholesale distributor to independent retail customers across the United States. The Company’s segments include Wholesale and Retail. The Company offers a range of advertised brand name and private-label products, including grocery (both perishable and nonperishable), general merchandise and home, health and beauty care, and pharmacy, which are sold through Company-operated and licensed Retail stores to shoppers and through its Wholesale segment to independent retail customers.
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