Empire Company Limited (EMP) to Post Q3 2017 Earnings of $0.39 Per Share, National Bank Financial Forecasts
Empire Company Limited (TSE:EMP) – Stock analysts at National Bank Financial reduced their Q3 2017 earnings estimates for Empire Company Limited in a research note issued to investors on Thursday. National Bank Financial analyst now expects that the brokerage will earn $0.39 per share for the quarter, down from their prior estimate of $0.40. National Bank Financial also issued estimates for Empire Company Limited’s Q4 2017 earnings at $0.36 EPS, Q2 2018 earnings at $0.37 EPS, Q3 2018 earnings at $0.44 EPS and Q4 2018 earnings at $0.41 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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