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Stock impact report

What To Expect From Grocery Outlet's (GO) Q3 Earnings [Yahoo! Finance]

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Grocery Outlet beat analysts' revenue expectations by 2.4% last quarter, reporting revenues of $1.13 billion, up 11.7% year on year. It was a very strong quarter for the company, with an impressive beat of analysts' EBITDA and earnings estimates. Is Grocery Outlet a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Grocery Outlet's revenue to grow 10.1% year on year to $1.11 billion, in line with the 9.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.27 per share. Heading into earnings, analysts covering the company have grown increasingly bullish with revenue estimates seeing 5 upward revisions over the last 30 days (we track 10 analysts). Grocery Outlet has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 2% on average. Looking at Grocery Outlet's peers in the non-discretionary retail segment, some have Show less Read more
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