National Bank Financial Boosts Earnings Estimates for Empire

Empire (TSE:EMP) – Research analysts at National Bank Financial lifted their Q1 2026 EPS estimates for shares of Empire in a report released on Monday, November 25th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $0.93 per share for the quarter, up from their previous forecast of $0.92.

Separately, Cibc World Mkts raised Empire to a “strong-buy” rating in a research report on Friday, September 13th.

Empire Stock Performance

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

Empire (TSE:EMP) last issued its earnings results on Thursday, September 12th. The company reported C$0.90 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.88 by C$0.02. The business had revenue of C$8.14 billion for the quarter, compared to the consensus estimate of C$8.07 billion.

Empire Dividend Announcement

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

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.