Why Kroger Shares Fell Today

Kroger Co (NYSE: KR) shares traded lower by 2.93% to $48.36 to close Thursday's trading session. Shares fell after Credit Suisse cut its price target on the stock from $60 to $55. The company also reports second-quarter earnings tomorrow.

byHenry Khederian

September 8, 2022

1 minute read

Kroger Co (NYSE:KR) shares traded lower by 2.93% to $48.36 to close Thursday’s trading session. Shares fell after Credit Suisse cut its price target on the stock from $60 to $55. The company also reports second-quarter earnings tomorrow.

According to analyst consensus estimates, Kroger is expected to report EPS of 77 cents on revenue of $34.25 billion Friday before the market open.

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According to data from Benzinga Pro, Kroger has a 52-week high of $62.78 and a 52-week low of $38.22.

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