SpartanNash (SPTN) Expected to Announce Quarterly Earnings on Wednesday

SpartanNash (NASDAQ:SPTN - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $2.25 billion for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

SpartanNash (NASDAQ:SPTN - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.47 by $0.01. SpartanNash had a net margin of 0.48% and a return on equity of 8.57%. The firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the prior year, the firm earned $0.54 earnings per share. The business's quarterly revenue was down .6% on a year-over-year basis. On average, analysts expect SpartanNash to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

SpartanNash Trading Down 2.5 %

NASDAQ:SPTN traded down $0.47 during trading hours on Friday, hitting $18.36. The stock had a trading volume of 187,361 shares, compared to its average volume of 218,236. The business's 50 day moving average is $18.52 and its 200-day moving average is $20.03. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.83 and a current ratio of 1.62. SpartanNash has a one year low of $17.30 and a one year high of $23.00. The company has a market cap of $619.83 million, a price-to-earnings ratio of 13.80 and a beta of 0.34.

SpartanNash Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a dividend of $0.2175 per share. This represents a $0.87 annualized dividend and a yield of 4.74%. The ex-dividend date was Monday, December 9th. SpartanNash's payout ratio is 65.41%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of SpartanNash from a "buy" rating to a "hold" rating in a report on Thursday, January 30th.

SpartanNash Company Profile

SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores.