Get ready to discover the eagerly anticipated third quarter financial results of Grocery Outlet Holding Corp (NASDAQ: GO) on Tuesday 5th November 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
Financial experts on Wall Street anticipate that the concern is set to announce an estimated $0.27 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $1.1 billion for this specific period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $4.37 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $0.88 over the course of the fiscal year.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.31, attributed to the company's total revenue of $1 billion.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.25 | -21.9% | 1.13 B | +11.8% |
| Q1 2024 | $0.09 | -66.7% | 1.04 B | +7.4% |
| Q4 2023 | $0.18 | -28.0% | 989.82 M | +6.3% |
| Q3 2023 | $0.31 | +14.8% | 1.00 B | +9.3% |
| Q2 2023 | $0.32 | +10.3% | 1.01 B | +12.5% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 5th November 2024 at 04:30 PM eastern time to discuss Q3 financial results.
Grocery Outlet Holding Corp (GO) experienced a trading range of $14.22 to $15.10, along with a total volume of 3.38 million shares during the day. The stock concluded Friday's regular trading session at $15.05, showing an upturn of 5.24 percent.
