$0.20 EPS Expected for Empire Company Limited (EMP.A)

August 23, 2017 – By test

Wall Street await Empire Company Limited (TSE:EMP.A) to release earnings on September, 21. Analysts forecast earnings per share of $0.20, down exactly $0.07 or 25.93 % from 2014’s $0.27 EPS. The expected T_EMP’s profit could reach $54.32M giving the stock 27.20 P/E in the case that $0.20 earnings per share is reported. After posting $0.18 EPS for the previous quarter, Empire Company Limited’s analysts now forecast 11.11 % EPS growth. About 103,464 shares traded. Empire Company Limited (TSE:EMP.A) has 0.00% since August 23, 2016 and is . It has underperformed by 16.70% the S&P500.

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

Among 9 analysts covering Empire Company Limited (TSE:EMP.A), 1 have Buy rating, 1 Sell and 7 Hold. Therefore 11% are positive. Empire Company Limited had 33 analyst reports since September 10, 2015 according to SRatingsIntel. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, September 9. The stock of Empire Company Limited (TSE:EMP.A) earned “Equal Weight” rating by Barclays Capital on Friday, March 17. TD Securities downgraded it to “Reduce” rating and $18 target in Friday, September 16 report. As per Monday, January 23, the company rating was maintained by TD Securities. Scotia Capital maintained the shares of EMP.A in report on Friday, September 11 with “Sector Outperform” rating. The firm earned “Sector Perform” rating on Friday, December 2 by Scotia Capital. The firm earned “Market Perform” rating on Wednesday, March 15 by Raymond James. The firm has “Hold” rating given on Thursday, March 16 by TD Securities. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, September 16. The rating was maintained by Dundee Securities with “Neutral” on Thursday, September 22.

Empire Company Limited is engaged in the business of food retailing and related real estate. The company has market cap of $5.91 billion. The Company’s divisions include Food Retailing, and Investments and Other Operations. It has a 37.35 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: “Contrarian Investors: Is Empire Company Limited Set to Soar?” on March 09, 2017, also Fool.ca with their article: “Empire Company Limited: Patience May Be Key” published on May 30, 2017, Fool.ca published: “Oversold (Hudson’s Bay Co.) vs. Overbought (Empire Company Limited)” on March 28, 2017. More interesting news about Empire Company Limited (TSE:EMP.A) were released by: Fool.ca and their article: “How Empire Company Limited Is Coming out of the Basement” published on June 14, 2017 as well as Fool.ca‘s news article titled: “Forget Empire Company Limited: Buy Metro, Inc.” with publication date: May 03, 2017.