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Earnings Preview: SpartanNash

Benzinga Insights
·1 min read

On Wednesday, August 12, SpartanNash (NASDAQ: SPTN) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Analysts predict SpartanNash will report earnings of $0.63 per share on revenue of $2.26 billion. In the same quarter last year, SpartanNash reported EPS of $0.34 on revenue of $2.00 billion. If the company were to report in-line earnings when it publishes results Wednesday, quarterly profit would be up 85.29%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter

Q1 2020

Q4 2020

Q3 2019

Q2 2019

EPS Estimate

0.47

0.27

0.35

0.34

EPS Actual

0.67

0.23

0.30

0.34

Revenue Estimate

2.62 B

2.00 B

1.99 B

2.01 B

Revenue Actual

2.86 B

2.00 B

2.00 B

2.00 B

Stock Performance

Over the last 52-week period, shares are up 149.55%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

View more earnings on SPTN

Don't be surprised to see the stock move on comments made during its conference call. SpartanNash is scheduled to hold the call at 08:00:00 ET and can be accessed here: http://public.viavid.com/player/index.php?id=141095

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