SpartanNash (NASDAQ: SPTN) has announced that it will be releasing its financial results for the second quarter of 2024 on Thursday 15th August 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
The financial experts on Wall Street are predicting that the business will likely report an estimated $0.56 profit per share for the second quarter. Additionally, it is anticipated that the company will reveal a $2.27 billion revenue during the quarter.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $0.65. This results was derived from the company's total revenue, which reached an impressive $2.31 billion during same quarter.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $9.6 billion. Additionally, they expect the company to post profit of $2.02 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.53 | -17.2% | 2.81 B | -3.5% |
| Q4 2023 | $0.35 | +25.0% | 2.25 B | -2.8% |
| Q3 2023 | $0.54 | -1.8% | 2.26 B | -1.4% |
| Q2 2023 | $0.65 | -1.5% | 2.31 B | +1.7% |
*Growth on year-over-year basis
SpartanNash (SPTN) closed Thursday's regular trading session at $19.55, indicating a 0.21 percent gain. During the day, SPTN shares traded between $19.43 and $19.75, with a day volume of 197.30 thousand shares.
