Tue, Nov 25, 2014, 11:37 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

The Kroger Co. Message Board

  • village_spook village_spook Dec 11, 2007 10:03 AM Flag

    The problem.... 5% earnings growth for next year

    thats why the stock is dropping.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Yes, that and...

      "Kroger now expects earnings for the full fiscal year to exceed its previous guidance of $1.64 to $1.67 a share, including the effect of the lower third-quarter tax rate and a higher estimated inventory-related accounting charge.

      Analysts, on average, are looking for fiscal-year earnings of $1.71 a share."

      Possible $.07 miss for the year.

      • 1 Reply to whymechi
      • "Kroger now expects earnings for the full fiscal year to exceed its previous guidance of $1.64 to $1.67 a share, including the effect of the lower third-quarter tax rate and a higher estimated inventory-related accounting charge.

        Analysts, on average, are looking for fiscal-year earnings of $1.71 a share."

        Possible $.07 miss for the year.

        < I never could figure out this logic. The company gives earnings guidance. They adjust it up on the last call (2nd quarter). They come through above the adjusted number. They say they believe they will hit or exceed the new higher number for the year.

        The Analysts come out and pull numbers out of their ass and it becomes a possible $.07 miss for the year?

        I agree with the others. Wall Street is corrupt. They create artifically bad news to deflate the price. Then all buy into the company and follow with an upgrade of the stock. The price goes up to where it should have gone in the first place as they back up the truck and unload their profits. What a scam.

        Anyone care to bet how long it is going to take before one of these felons upgrades the stock?

 
KR
58.82+0.31(+0.53%)Nov 25 4:04 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.