Investors and market participants can look forward to the unveiling of Sprouts Farmers Market (NASDAQ: SFM) third quarter financial results on Wednesday 30th October 2024. This important update will be made available after market close.
It appears that the business is on the verge of revealing their estimated $0.76 profit per share for the quarter, as well as their total revenue of $1.88 billion for this specific period, according to financial experts on Wall Street.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $0.65. This significant amount was the outcome of the company's total revenue, which reached an impressive $1.71 billion during that particular timeframe.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $7.52 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $3.41 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.94 | +32.4% | 1.89 B | +11.9% |
| Q1 2024 | $1.12 | +14.3% | 1.88 B | +8.7% |
| Q4 2023 | $0.49 | +16.7% | 1.70 B | +7.8% |
| Q3 2023 | $0.65 | +6.6% | 1.71 B | +7.7% |
| Q2 2023 | $0.71 | +24.6% | 1.69 B | +6.1% |
| *Growth on year-over-year basis | ||||
SFM has scheduled a conference call on 30th October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
During Monday's trading, Sprouts Farmers Market (SFM) shares reached a low of $119.40 and a high of $120.98, along with a total volume of 1.23 million shares. The stock ended the regular trading session at $120.18, reflecting an upturn of 0.72 percent.
