Empire Q2 EPS Forecast Decreased by National Bank Financial

Empire (TSE:EMP) – Investment analysts at National Bank Financial cut their Q2 2025 earnings per share (EPS) estimates for shares of Empire in a research note issued on Monday, November 25th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $0.69 per share for the quarter, down from their prior forecast of $0.74. National Bank Financial also issued estimates for Empire’s Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.76 EPS, Q2 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.70 EPS and Q4 2026 earnings at $0.86 EPS.

Empire (TSE:EMP) last posted its quarterly earnings data on Thursday, September 12th. The company reported C$0.90 EPS for the quarter, beating the consensus estimate 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 Empire to a “strong-buy” rating in a research note on Friday, September 13th.

Empire Stock Performance

Empire has a 1 year low of C$23.00 and a 1 year high of C$25.49.

Empire Dividend Announcement

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

About Empire

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.