Desjardins Issues Pessimistic Forecast for Empire Earnings

Empire (TSE:EMPFree Report) – Desjardins decreased their Q1 2026 earnings per share estimates for Empire in a report released on Tuesday, September 9th. Desjardins analyst C. Li now forecasts that the company will post earnings per share of $0.88 for the quarter, down from their previous estimate of $0.89. Desjardins also issued estimates for Empire’s Q2 2026 earnings at $0.72 EPS.

Empire Stock Performance

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

Empire Company Profile

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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.

Further Reading

Earnings History and Estimates for Empire (TSE:EMP)

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