Analysts Set Expectations for Empire’s Q2 Earnings (TSE:EMP)

Empire (TSE:EMP) – Analysts at Desjardins lifted their Q2 2025 earnings per share (EPS) estimates for shares of Empire in a research report issued to clients and investors on Sunday, December 8th. Desjardins analyst C. Li now anticipates that the company will post earnings of $0.65 per share for the quarter, up from their prior forecast of $0.63. Desjardins also issued estimates for Empire’s Q3 2025 earnings at $0.65 EPS, Q4 2025 earnings at $0.75 EPS and FY2025 earnings at $2.95 EPS.

Empire (TSE:EMP) last issued its quarterly earnings results on Thursday, September 12th. The company reported C$0.90 EPS for the quarter, topping analysts’ consensus estimates of C$0.88 by C$0.02. The company had revenue of C$8.14 billion during the quarter, compared to the consensus estimate 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 twelve month low of C$23.00 and a twelve month high of C$25.49.

Empire Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th were given 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 dividend 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.