We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Exploring Analyst Estimates for Sprouts Farmers (SFM) Q2 Earnings, Beyond Revenue and EPS
Read MoreHide Full Article
Analysts on Wall Street project that Sprouts Farmers (SFM - Free Report) will announce quarterly earnings of $1.23 per share in its forthcoming report, representing an increase of 30.9% year over year. Revenues are projected to reach $2.17 billion, increasing 14.4% from the same quarter last year.
The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some Sprouts Farmers metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts forecast 'Comparable store sales growth' to reach 8.1%. The estimate compares to the year-ago value of 6.7%.
The consensus among analysts is that 'Stores at end of period' will reach 453 . The estimate compares to the year-ago value of 419 .
Based on the collective assessment of analysts, 'New Stores Opened' should arrive at 10 . Compared to the present estimate, the company reported 5 in the same quarter last year.
The average prediction of analysts places 'Stores at beginning of period' at 443 . The estimate compares to the year-ago value of 414 .
Sprouts Farmers shares have witnessed a change of +2.5% in the past month, in contrast to the Zacks S&P 500 composite's +4.6% move. With a Zacks Rank #1 (Strong Buy), SFM is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Exploring Analyst Estimates for Sprouts Farmers (SFM) Q2 Earnings, Beyond Revenue and EPS
Analysts on Wall Street project that Sprouts Farmers (SFM - Free Report) will announce quarterly earnings of $1.23 per share in its forthcoming report, representing an increase of 30.9% year over year. Revenues are projected to reach $2.17 billion, increasing 14.4% from the same quarter last year.
The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some Sprouts Farmers metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts forecast 'Comparable store sales growth' to reach 8.1%. The estimate compares to the year-ago value of 6.7%.
The consensus among analysts is that 'Stores at end of period' will reach 453 . The estimate compares to the year-ago value of 419 .
Based on the collective assessment of analysts, 'New Stores Opened' should arrive at 10 . Compared to the present estimate, the company reported 5 in the same quarter last year.
The average prediction of analysts places 'Stores at beginning of period' at 443 . The estimate compares to the year-ago value of 414 .
View all Key Company Metrics for Sprouts Farmers here>>>Sprouts Farmers shares have witnessed a change of +2.5% in the past month, in contrast to the Zacks S&P 500 composite's +4.6% move. With a Zacks Rank #1 (Strong Buy), SFM is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .