National Bank Financial Forecasts Empire FY2025 Earnings

Empire (TSE:EMP) – Equities research analysts at National Bank Financial decreased their FY2025 earnings per share estimates for Empire in a research report issued to clients and investors on Thursday, December 12th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings of $2.79 per share for the year, down from their prior estimate of $2.84. National Bank Financial also issued estimates for Empire’s Q3 2026 earnings at $0.72 EPS, Q4 2026 earnings at $0.89 EPS and FY2027 earnings at $3.49 EPS.

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 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 shares of 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.

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.