Published On: Mon, Sep 19th, 2016

Equities Analysts Issue Forecasts for Empire Company Limited’s Q2 2017 Earnings (EMP)

Empire Company Limited (TSE:EMP) – Equities researchers at Raymond James Financial reduced their Q2 2017 earnings per share (EPS) estimates for shares of Empire Company Limited in a research note issued on Friday. Raymond James Financial analyst K. Tyghe now forecasts that the firm will post earnings per share of $0.31 for the quarter, down from their previous estimate of $0.36. Raymond James Financial also issued estimates for Empire Company Limited’s Q3 2017 earnings at $0.26 EPS, Q4 2017 earnings at $0.29 EPS, Q1 2018 earnings at $0.30 EPS, Q2 2018 earnings at $0.35 EPS, Q3 2018 earnings at $0.30 EPS and Q4 2018 earnings at $0.32 EPS.
About Empire Company Limited
Empire Company Limited is engaged in the business of food retailing and related real estate. The Company operates through two segments: Food Retailing and Investments and Other Operations. The Company’s Food Retailing segment is carried out through its wholly owned subsidiary, Sobeys Inc, which has conducted business through approximately 1,500 retail stores (corporate owned, franchised and affiliate), as well as over 350 retail fuel locations, operating in province and in over 900 communities across Canada.

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