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Grocery Outlet (GO) Earnings Date, Estimates & Call Transcripts

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$16.73 +0.13 (+0.78%)
(As of 08:03 AM ET)

Grocery Outlet Latest Earnings Summary

Actual EPS
(Nov. 5)
$0.28 Beat By $0.01
Consensus EPS
(Nov. 5)
$0.27

Grocery Outlet issued Q3 2024 earnings on November 5, 2024, reporting an EPS of $0.28, which beat the consensus estimate of $0.27 by $0.01. Quarterly revenue rose 10.4% year-over-year to $1.11 billion, above analysts' expectations of $1.10 billion. With a trailing EPS of $0.51 and a P/E Ratio of 32.80, Grocery Outlet's earnings are expected to grow 22.22% next year, from $0.63 to $0.77 per share.

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GO Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

GO Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Grocery Outlet Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$0.12$0.20$0.15 
Q2 20244$0.13$0.28$0.22 
Q3 20244$0.19$0.23$0.21 
Q4 20244$0.10$0.18$0.15 
FY 202415$0.54$0.89$0.72 
Q1 20252$0.08$0.09$0.09 
Q2 20253$0.19$0.25$0.22 
Q3 20253$0.22$0.30$0.25 
Q4 20253$0.18$0.29$0.23 
FY 202511$0.67$0.93$0.79 
Q1 20261$0.10$0.10$0.10 
Q2 20261$0.23$0.23$0.23 
Q3 20261$0.34$0.34$0.34 

Grocery Outlet Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/5/2024Q3 2024$0.2670$0.28+$0.0130$0.30$1.10B$1.11B
8/6/2024Q2 2024$0.2010$0.25+$0.0490$0.26$1.10B$1.13B
5/7/2024Q1 2024$0.13$0.03 -$0.10$0.07$1.02B$1.04B
2/27/2024Q4 2023$0.11$0.13+$0.02$0.12$982.44M$989.82M
11/7/2023Q3 2023$0.22$0.25+$0.03$0.23$1.01B$1.00B
8/8/2023Q2 2023$0.21$0.23+$0.02$0.22$974.89M$1.01B
5/9/2023Q1 2023$0.18$0.22+$0.04$0.30$948.49M$965.47M
2/28/2023Q4 2022$0.17$0.19+$0.02$0.22$904.17M$930.83M

Grocery Outlet Earnings - Frequently Asked Questions

Grocery Outlet (NASDAQ:GO) last announced its quarterly earning data on Tuesday, November 5, 2024. Learn more on GO's earnings history.

Grocery Outlet updated its FY24 earnings guidance on Tuesday, November, 5th. The company provided earnings per share guidance of $0.77-0.80 for the period, compared to the consensus EPS estimate of $0.88. The company issued revenue guidance of slightly above $4.35 billion, compared to the consensus revenue estimate of $4.36 billion.

In the previous quarter, Grocery Outlet (NASDAQ:GO) reported $0.28 earnings per share (EPS) to beat the analysts' consensus estimate of $0.27 by $0.01. Learn more on analysts' earnings estimate vs. GO's actual earnings.

The conference call for Grocery Outlet's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Grocery Outlet's latest earnings report can be read online.
Read Transcript

Grocery Outlet's earnings report can be found in their filing with the SEC.
View SEC filing

Grocery Outlet (NASDAQ:GO) has a recorded annual revenue of $4.26 billion.

Grocery Outlet (NASDAQ:GO) has a recorded net income of $79.44 million. GO has generated $0.51 earnings per share over the last four quarters.

Grocery Outlet (NASDAQ:GO) has a trailing price-to-earnings ratio of 32.80 and a forward price-to-earnings ratio of 26.56. The price/earnings-to-growth ratio is 4.74.

Grocery Outlet's earnings are expected to grow from $0.63 per share to $0.77 per share in the next year, which is a 22.22% increase.

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This page (NASDAQ:GO) was last updated on 12/23/2024 by MarketBeat.com Staff
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