NEW YORK (TheStreet) -- Retailer Kroger Co. (KR) is expected to release its 2015 first quarter earnings results before the market open on Thursday morning. Analysts are expecting Kroger to post a year-over-year rise in earnings and revenue for the most recent quarter.
For the latest quarter Kroger has been forecast by analysts polled by Thomson Reuters to report earnings of $1.22 per share on revenue of $33.34 billion.
Last year Kroger reported earnings of $1.09 per share on total sales of $32.96 billion.
Shares of Kroger are up by 0.69% to $72.85 in mid-morning trading on Wednesday.
Kroger is a Cincinnati, OH.-based food and drug store retailer that also operates multi-department stores, jewelry stores, and convenience stores across the U.S.
Separately, TheStreet Ratings team rates KROGER CO as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:
"We rate KROGER CO (KR) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."
Highlights from the analysis by TheStreet Ratings Team goes as follows: