Grocery Outlet Holding (NASDAQ:GO) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Grocery Outlet Holding beat estimated earnings by 17.39%, reporting an EPS of $0.27 versus an estimate of $0.23.
Revenue was up $134.04 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 2.26% drop in the share price the next day.
Here’s a look at Grocery Outlet Holding’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.23 | 0.25 | 0.24 | 0.20 |
| EPS Actual | 0.25 | 0.27 | 0.29 | 0.22 |
| Revenue Estimate | 907.49M | 878.46M | 860.15M | 810.17M |
| Revenue Actual | 930.83M | 918.18M | 897.70M | 831.43M |
To track all earnings releases for Grocery Outlet Holding visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
