Kilmal Tuesday, 03/06/18 10:06:44 PM Re: None Post # of 228 Better load up before Thursday March 8th!!! $$$$$$$$$$$$$$$KR$$$$$$$$$$$$ Higher Revenues Likely to Drive Kroger's (KR) Q4 Earnings The Kroger Co. KR is slated to release fourth-quarter fiscal 2017 results on Mar 8. In the trailing four quarters, it outperformed the Zacks Consensus Estimate by an average of roughly 2.3%. In the preceding quarter, the company delivered positive earnings surprise of 10%. Let’s see how things are shaping up prior to this announcement. Investors are keeping their fingers crossed and hoping for a positive earnings surprise from Kroger in the quarter to be reported. The current Zacks Consensus Estimate for the quarter under review is 63 cents, reflecting a year-over-year increase of roughly 19%. We observe that the Zacks Consensus Estimate has increased by a penny in the past seven days. Analysts polled by Zacks expect revenues of $30,830 million, up approximately 12% from the year-ago quarter. If Kroger posts better-than-expected results, this will be the company’s sixth straight quarter of revenue beat and second successive quarter of positive earnings surprise. Moreover, going by aforementioned estimates it is quite evident that the rate of growth of top and bottom lines is likely to accelerate from 4.5% and 7.3%, respectively, registered in the third quarter of fiscal 2017.