Companies Reporting Before The Bell
• The Middleby (NASDAQ:MIDD) is expected to report quarterly earnings at $2.10 per share on revenue of $935.99 million.
Telsey Advisory Group analyst Joseph Feldman maintains Grocery Outlet Holding (NASDAQ:GO) with a Outperform and raises the price target from $30 to $38.
B of A Securities analyst Robert Ohmes upgrades Grocery Outlet Holding (NASDAQ:GO) from Underperform to Buy and raises the price target from $23 to $37.
Grocery Outlet Holding (NASDAQ:GO) reported its Q4 earnings results on Tuesday, March 1, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Grocery Outlet Holding reported in-line EPS of $0.2 versus an estimate of $0.2.
Grocery Outlet Holding (NASDAQ:GO) reported quarterly earnings of $0.20 per share which met the analyst consensus estimate. This is a 16.67 percent decrease over earnings of $0.24 per share from the same period last
Following the recent release of Consumer Price Index (CPI) data from January, inflation is flashing warning signs as prices soared 7.5% compare to a year ago, and have increased by 0.6% from the previous month.