Grocery Outlet Holding (NASDAQ:GO) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Grocery Outlet Holding beat estimated earnings by 14.81%, reporting an EPS of $0.31 versus an estimate of $0.27.
Revenue was up $85.73 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 4.38% increase in the share price the next day.
Here’s a look at Grocery Outlet Holding’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.26 | 0.23 | 0.23 | 0.25 |
| EPS Actual | 0.32 | 0.27 | 0.25 | 0.27 |
| Revenue Estimate | 976.03M | 949.06M | 907.49M | 878.46M |
| Revenue Actual | 1.01B | 965.47M | 930.83M | 918.18M |
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.
