Empire Expected to Post Q1 2025 Earnings of $0.85 Per Share (TSE:EMP)

Empire (TSE:EMP) – Equities researchers at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for Empire in a research report issued to clients and investors on Thursday, June 20th. Desjardins analyst C. Li anticipates that the company will post earnings of $0.85 per share for the quarter. Desjardins also issued estimates for Empire’s FY2026 earnings at $3.20 EPS.

Empire Stock Performance

Empire has a 1 year low of C$23.00 and a 1 year high of C$25.49.

Empire Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, July 15th. This is a positive change from Empire’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a yield of ∞.

Empire Company Profile

Empire Company Limited is engaged in the business of food retailing and related real estate. The Company’s segments include Food Retailing, and Investments and Other Operations. The Food Retailing segment consists of its subsidiary, Sobeys Inc, which owns, affiliates or franchises over 1,500 stores in approximately 10 provinces under retail banners that include Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton’s Drug Stores, as well as more than 350 retail fuel locations.