SpartanNash Co expected to post earnings of 48 cents a share - Earnings Preview

Reuters
2024-11-06
SpartanNash Co <sptn.oq> expected to post earnings of 48 cents a share - Earnings Preview </sptn.oq>
  • SpartanNash Co SPTN.OQ SPTN.O is expected to show a fall in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

  • The Grand Rapids Michigan-based company is expected to report a 1.3% decrease in revenue to $2.236 billion from $2.26 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for SpartanNash Co is for earnings of 48 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for SpartanNash Co is 22.00​, above​ its last closing price of $21.81. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

0.56

0.57

0.59

Beat

4.4

Mar. 31 2024

0.53

0.51

0.53

Beat

3.9

Dec. 31 2023

0.37

0.38

0.35

Missed

-8.5​

Sep. 30 2023

0.60

0.59

0.54

Missed

-9.1

​​Jun. 30 2023

0.66

0.65

0.65

Met

0.2

Mar. 31 2023

0.64

0.63

0.64

Beat

0.9​

Dec. 31 2022

0.32

0.32

0.28

Missed

-12.5

Sep. 30 2022

0.48

0.49

0.55

Beat

12.2

This summary was machine generated November 6 at 14:12 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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