Equities Analysts Set Expectations for Empire Q1 Earnings

Empire (TSE:EMP) – Equities researchers at National Bank Financial raised their Q1 2026 earnings per share (EPS) estimates for Empire in a report issued on Monday, November 25th. National Bank Financial analyst V. Shreedhar now forecasts that the company will post earnings of $0.93 per share for the quarter, up from their prior forecast of $0.92.

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

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

Empire Stock Performance

Empire has a 52 week low of C$23.00 and a 52 week high of C$25.49.

Empire Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of ∞. The ex-dividend date was Tuesday, October 15th.

Empire Company Profile

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.