National Bank Financial Analysts Lower Earnings Estimates for Empire (TSE:EMP)

Empire (TSE:EMP) – Investment analysts at National Bank Financial reduced their Q1 2025 earnings estimates for shares of Empire in a research report issued to clients and investors on Wednesday, August 28th. National Bank Financial analyst V. Shreedhar now forecasts that the company will post earnings of $0.88 per share for the quarter, down from their previous forecast of $0.93. National Bank Financial also issued estimates for Empire’s Q4 2025 earnings at $0.84 EPS.

Empire Stock Performance

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

Empire (TSE:EMP) last issued its earnings results on Thursday, June 20th. The company reported C$0.63 EPS for the quarter, meeting the consensus estimate of C$0.63. The firm had revenue of C$7.41 billion during the quarter, compared to analyst estimates of C$7.48 billion.

Empire Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 15th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend was Monday, July 15th. This is an increase from Empire’s previous quarterly dividend of $0.18.

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.