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SUPERVALU Inc. Message Board

  • shorthighcoverlower shorthighcoverlower Jun 17, 2010 6:51 PM Flag

    first Q earnings will beat

    SVU is expected to report first Q earnings at the end of next month. The company is forecasted to earn 46 cents on a top line of $11.75 billion. This would amount to a 16.3% drop in earnings ( they made 55 cents the previous year's quarter) on a 7.7% loss in sales (their sales were $12.72 billion). LooK fo SVU to beat those low expectations by coming in with earnings of 57 cents on sales of $11.85 billion. This news should be good enough to juice the shares another 10% higher.

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7.12+0.29(+4.25%)Nov 24 4:03 PMEST