Empire (EMP) Scheduled to Post Quarterly Earnings on Thursday

Empire (TSE:EMP) is set to post its quarterly earnings results before the market opens on Thursday, September 12th. Analysts expect Empire to post earnings of C$0.89 per share for the quarter.

Empire (TSE:EMP) last announced its earnings results on Thursday, June 20th. The company reported C$0.63 EPS for the quarter, hitting the consensus estimate of C$0.63. The firm had revenue of C$7.41 billion during the quarter, compared to analyst estimates of C$7.48 billion.

Empire Stock Performance

Empire has a fifty-two week low of C$23.00 and a fifty-two week high of C$25.49.

Empire Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th were paid a $0.20 dividend. The ex-dividend date was Monday, July 15th. This is a boost from Empire’s previous quarterly dividend of $0.18. This represents a $0.80 dividend on an annualized basis and a yield of ∞.

About Empire

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.