Q1 2025 EPS Estimates for Empire Cut by National Bank Financial (TSE:EMP)

Empire (TSE:EMP) – Stock analysts at National Bank Financial cut their Q1 2025 earnings per share estimates for shares of Empire in a research report issued to clients and investors on Tuesday, May 21st. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings of $0.90 per share for the quarter, down from their previous estimate of $0.92.

Empire Price Performance

Empire has a fifty-two week low of C$23.00 and a fifty-two week high of C$25.49.

Empire (TSE:EMP) last announced its earnings results on Thursday, March 14th. The company reported C$0.62 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.62. The business had revenue of C$7.49 billion during the quarter, compared to analyst estimates of C$7.57 billion.

Empire Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th were paid a dividend of $0.183 per share. The ex-dividend date of this dividend was Friday, April 12th. This represents a $0.73 annualized dividend and a dividend yield of ∞.

Empire Company Profile

Empire Company Limited is engaged in the business of food retailing and related real estate. The Company’s segments include Food Retailing, and Investments and Other Operations. 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.