Kroger Q2 EPS Seen at $1.59 with $45.63B Revenue, 7.6% Implied Swing
KR•Kroger is set to report Q2 earnings on June 18, with analysts forecasting EPS of $1.59 and revenue of $45.63 billion, reflecting slight year-over-year growth from $1.49 EPS and $45.12 billion revenue. Options markets price in a potential 7.6% post-earnings price swing and short interest stands at 31.38 million shares (5.36%).
1. Q2 Earnings Estimates
Kroger is scheduled to publish Q2 earnings on June 18, with consensus estimates projecting EPS of $1.59, up from $1.49 in the same period last year, and revenue of $45.63 billion versus $45.12 billion a year ago, indicating modest top-line growth.
2. Options Market Expectations
Options traders are pricing in a 7.6% price swing around the earnings release, nearly double the 4.2% average move following past reports, signaling elevated volatility and heightened market anticipation.
3. Elevated Short Interest
Short interest in Kroger remains high at 31.38 million shares, representing 5.36% of the float, suggesting persistent bearish sentiment and the potential for a short squeeze if results exceed expectations.
