Research Analysts Issue Forecasts for Empire’s Q1 2025 Earnings (TSE:EMP)

Empire (TSE:EMP) – Equities researchers at Desjardins issued their Q1 2025 earnings per share estimates for shares of Empire in a note issued to investors on Thursday, June 20th. Desjardins analyst C. Li expects that the company will post earnings per share of $0.85 for the quarter. Desjardins also issued estimates for Empire’s FY2026 earnings at $3.20 EPS.

Empire Price Performance

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

Empire Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Monday, July 15th will be given a $0.20 dividend. This is a positive change from Empire’s previous quarterly dividend of $0.18. This represents a $0.80 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Monday, July 15th.

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.