Kroger (KR), the largest US supermarket operator, is slated to report its 4th quarter earnings this Thursday, March 3rd, before market open. The company is forecasted to earn 44 cents (a 12.8% increase versus 39 cents) on sales of $19.36 billion (a 4.37% rise versus $18.55 billion).
In its third quarter report (see conference call transcript here), the company guided its 2010 earnings range from $1.65 to $1.78 and hinted that it intends to achieve the upper half of that range; since the company has already earned $1.31 in its first three quarters, the math needed for KR to achieve its 2010 guidance, computes to a 4th quarter, producing a bottom line of anywhere between 34 to 47 cents.
I am going to go out on a limb here and proclaim that the company will exceed expectations; I'm hoping that management is clever enough to realize the paramount importance of
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