On Wednesday, SpartanNash (NASDAQ: SPTN) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
SpartanNash earnings will be near 41 cents per share on sales of $1.94 billion, according to analysts.
SpartanNash earnings in the same period a year ago were 53 cents per share. Quarterly sales came in at $1.82 billion. If the company were to report inline earnings when it publishes results Wednesday, earnings would be down 22.64 percent. Revenue would be up 6.13 percent from the year-ago period.
The company's reported EPS has stacked up against analyst estimates in the past like this:
|Quarter||Q3 2017||Q2 2017||Q1 2017||Q4 2016|
Over the last 52-week period, shares of SpartanNash have declined 40.31 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on SpartanNash stock is a Neutral. The validity of this rating has risen over the past 90 days.
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