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The Kroger Co. Message Board

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  • whymechi whymechi Dec 11, 2007 10:20 AM Flag

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

    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.

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    • "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?

      • 1 Reply to skeeter333333
      • Dear Stupid.
        How much would I have to pay for you to tell the world how many shares of this second rate stock you have? I'd say under a 100.
        Reading between the lines shows me, and anyone else that knows stocks, you're just short of a novice. So keep your petty advice to yourself on this penny stock.
        I sure hope you didn't count on this stock going up for any extra Christmas gifts. Sub par...both you and the stock.

 
KR
50.71-0.29(-0.57%)Jul 25 4:02 PMEDT

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