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Stock impact report

Grocery Outlet Holding Corp. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next [Yahoo! Finance]

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Revenues came in at US$1.0b, in line with estimates, while Grocery Outlet Holding reported a statutory loss of US$0.01 per share, well short of prior analyst forecasts for a profit. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. View our latest analysis for Grocery Outlet Holding Taking into account the latest results, the consensus forecast from Grocery Outlet Holding's twelve analysts is for revenues of US$4.35b in 2024. This reflects a reasonable 7.7% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to reduce 6.9% to US$0.60 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$4.34b and earnings per share (EPS) of US$0.86 Show less Read more
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