Desjardins Brokers Decrease Earnings Estimates for Empire

Empire (TSE:EMP) – Stock analysts at Desjardins reduced their Q4 2025 earnings per share estimates for shares of Empire in a research note issued on Thursday, December 12th. Desjardins analyst C. Li now forecasts that the company will post earnings of $0.73 per share for the quarter, down from their previous estimate of $0.75.

Empire (TSE:EMP) last issued its quarterly earnings results 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 raised Empire to a “strong-buy” rating in a research report on Friday, September 13th.

Empire Price Performance

Empire has a 52-week low of C$23.00 and a 52-week high of C$25.49.

Empire Company Profile

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.