Spartan Stores Earnings Preview
Investors never know what to expect for Spartan Stores (NAS: SPTN) , as it has wavered between topping and missing analysts estimates during the past fiscal year. The company will unveil its latest earnings on Monday, Jan. 30. Spartan Stores is a regional grocery distributor and grocery retailer, operating mainly in Michigan and Indiana.
What analysts say:
Buy, sell, or hold?: Analysts strongly back Spartan Stores, with two of three rating it a buy and the remainder rating it a hold. Analysts don't like Spartan Stores as much as competitor Core-Mark Holding Company overall. Analysts' rating of Spartan Stores has stayed constant from three months prior.
Revenue Forecasts: On average, analysts predict $807.2 million in revenue this quarter. That would represent a rise of 3.2% from the year-ago quarter.
Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.21 per share. Estimates range from $0.20 to $0.23.
What our community says:
CAPS All-Stars are solidly backing the stock, with 94.9% assigning it an "outperform" rating. The community at large agrees with the All-Stars, with 94% awarding it a rating of "outperform." Fools feel positively about Spartan Stores, though the message boards have been quiet lately with only 53 posts in the past 30 days. Despite the majority sentiment in favor of Spartan Stores, the stock has a middling CAPS rating of three out of five stars.
For all our Spartan Stores-specific analysis, including earnings and beyond, add Spartan Stores to My Watchlist.
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