• Grocery Outlet Holding Corp GO.OQ reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 5 cents to 8 cents per share.

• Revenue rose 8.5% to $1.13 billion from a year ago; analysts expected $1.12 billion.

• Grocery Outlet Holding Corp's reported EPS for the quarter was a loss of 24 cents​.

• The company reported a quarterly loss of $23.32 million.

• Grocery Outlet Holding Corp shares had risen by 16.6% this quarter and gained 4.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 55.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 11 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is also "hold"

• Wall Street's median 12-month price target for Grocery Outlet Holding Corp is $14.50

This summary was machine generated from LSEG data May 6 at 09:01 p.m. UTC. ​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)