$0.15 EPS Expected for Empire Company Limited (EMP.A)

November 22, 2017 – By Marie Mckinney

Wall Street await Empire Company Limited (TSE:EMP.A) to release earnings on December, 13. Analysts forecast EPS of $0.15, up exactly $0.03 or 25.00 % from 2014’s $0.12 EPS. The expected T_EMP’s profit could reach $40.74 million giving the stock 41.42 P/E in the case that $0.15 earnings per share is reported. After posting $0.32 EPS for the previous quarter, Empire Company Limited’s analysts now forecast -53.13 % negative EPS growth. About 54,233 shares traded. Empire Company Limited (TSE:EMP.A) has 0.00% since November 22, 2016 and is . It has underperformed by 16.70% the S&P500.

Empire Company Limited (TSE:EMP.A) Ratings Coverage

Among 10 analysts covering Empire Company Limited (TSE:EMP.A), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Empire Company Limited had 41 analyst reports since September 10, 2015 according to SRatingsIntel. The rating was upgraded by TD Securities to “Hold” on Thursday, March 16. Dundee Securities maintained the shares of EMP.A in report on Thursday, September 22 with “Neutral” rating. The firm earned “Buy” rating on Friday, September 15 by Eight Capital. The company was maintained on Friday, September 16 by BMO Capital Markets. RBC Capital Markets upgraded the shares of EMP.A in report on Friday, September 15 to “Sector Perform” rating. Scotia Capital maintained Empire Company Limited (TSE:EMP.A) on Friday, December 2 with “Sector Perform” rating. The firm has “Sector Perform” rating given on Thursday, December 1 by RBC Capital Markets. Raymond James maintained it with “Market Perform” rating and $18 target in Wednesday, March 15 report. The firm earned “Equal Weight” rating on Friday, March 17 by Barclays Capital. The stock has “Reduce” rating by TD Securities on Monday, January 23.

Empire Company Limited is engaged in the business of food retailing and related real estate. The company has market cap of $6.75 billion. The Company’s divisions include Food Retailing, and Investments and Other Operations. It has a 45.96 P/E ratio. The Food Retailing segment consists of its subsidiary, Sobeys Inc., which owns, affiliates or franchises over 1,500 stores in approximately 10 provinces under retail banners that include Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton’s Drug Stores, as well as more than 350 retail fuel locations.

More notable recent Empire Company Limited (TSE:EMP.A) news were published by: Fool.ca which released: “Empire Company Limited’s Q1 Results Beat Estimates: Is the Stock a Buy?” on September 14, 2017, also Fool.ca with their article: “How Empire Company Limited Is Coming out of the Basement” published on June 14, 2017, Fool.ca published: “Has the Rebound Begun for Empire Company Limited?” on July 03, 2017. More interesting news about Empire Company Limited (TSE:EMP.A) were released by: Fool.ca and their article: “Empire Company Limited: Is the Recovery Real?” published on September 18, 2017 as well as Fool.ca‘s news article titled: “Cautious Investors: Avoid the Steep Slide of Empire Company Limited” with publication date: September 05, 2017.