Analysts Set Expectations for Empire’s Q2 Earnings (TSE:EMP)

Empire (TSE:EMP) – Research analysts at Desjardins raised their Q2 2025 earnings estimates for shares of Empire in a note issued to investors on Sunday, December 8th. Desjardins analyst C. Li now expects that the company will post earnings per share of $0.65 for the quarter, up from their prior estimate of $0.63. Desjardins also issued estimates for Empire’s Q3 2025 earnings at $0.65 EPS, Q4 2025 earnings at $0.75 EPS and FY2025 earnings at $2.95 EPS.

Empire (TSE:EMP) last announced its quarterly earnings data on Thursday, September 12th. The company reported C$0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.88 by C$0.02. The firm had revenue of C$8.14 billion during the quarter, compared to the consensus estimate of C$8.07 billion.

Separately, Cibc World Mkts raised shares of Empire to a “strong-buy” rating in a research note on Friday, September 13th.

Empire Price Performance

Empire has a 12 month low of C$23.00 and a 12 month high of C$25.49.

Empire Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of ?. The ex-dividend date was Tuesday, October 15th.

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.