Sprouts Farmers Market, Inc. (NASDAQ:SFM) is reporting third quarter earnings results on Wednesday 28th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.36 per share.
For the full year, analysts predict revenues of $ 6529.14 million, while looking forward to income of $ 2.13 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 5,945.00 million ~ $ 6,001.00 million, where as bottomline are predicted in a range of $ 1.17 ~ $ 1.23 per share
Click Here For More Historical Outlooks Of Sprouts Farmers Market, Inc.
Previous Quarter Performance
Sprouts Farmers Market, Inc. revealed income for the second quarter of $ 0.59 per share, from the revenue of $ 1,643.00 million. According to street consensus, SFM was expected to report 2Q20 income of $ 0.34 per share from revenue of $ 1590.00 million. The bottom line results beat street analysts by $ 0.25 or 73.53 percent, at the same time, top line results outshined analysts by $ 53.00 million or 3.33 percent.
Stock Performance
Shares of Sprouts Farmers Market, Inc. traded low $ -0.42 or -2.02 percent on Tuesday, reaching $ 20.40 with volume of 2.13 million shares. Sprouts Farmers Market, Inc. has traded high as $ 20.92 and has cracked $ 20.33 on the downward trend
According to the previous trading day, closing price of $ 20.40, representing a 60.15 % increase from the 52 week low of $ 13.00 and a 25.64 % decrease over the 52 week high of $ 28.00.
The company has a market capital of $ 2.41 billion and is part of the Consumer Defensive sector and Grocery Stores industry.
Conference Call
Sprouts Farmers Market, Inc. will be hosting a conference call at 5:00 PM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sprouts.com
Sprouts Farmers Market, Inc., a healthy grocery store, provides fresh, natural, and organic food products in the United States. Its stores offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, baked goods, dairy products, frozen foods, beer and wine, natural body care and household items. As of May 02, 2019, it operated 320 stores in 19 states.
