Earnings for the week starting 28Nov22 - will Kroger continues to rise?
Earnings for the week starting 28Nov22
This week’s earnings have a few notable companies. HP has just announced a layoff for 10% of its workforce. Does this imply that the coming earnings will be lower than expectations?There are a few other tech companies that include Crowdstrikle, Salesforce and Snowflake. Will they be able to come forth stronger following the earnings?The other company that I monitor is Kroger which has commanded both the interest & investment of notable investors like Berkshire.
Kroger
Kroger has recovered from the recent decline in October 2022. The stock has hit a 52-week high of 62.78 and has left the 52-week low of 40.18. This stock has gained 13.68% from a year ago and looks to be on a rise from the chart above.
Kroger has a forecast of 0.8136 and 34.05B for its EPS and revenue respectively. Will Kroger be able to continue its rise?
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