Empire Company Limited (TSE:EMP) – Investment analysts at Raymond James Financial reduced their Q2 2017 earnings per share (EPS) estimates for shares of Empire Company Limited in a note issued to investors on Friday. Raymond James Financial analyst K. Tyghe now expects that the firm will post earnings of $0.31 per share for the quarter, down from their previous forecast of $0.36. Raymond James Financial also issued estimates for Empire Company Limited’s Q3 2017 earnings at $0.26 EPS, Q4 2017 earnings at $0.29 EPS, Q1 2018 earnings at $0.30 EPS, Q2 2018 earnings at $0.35 EPS, Q3 2018 earnings at $0.30 EPS and Q4 2018 earnings at $0.32 EPS.

Empire Company Limited Company Profile

Empire Company Limited is engaged in the business of food retailing and related real estate. The Company operates through two segments: Food Retailing and Investments and Other Operations. The Company’s Food Retailing segment is carried out through its wholly owned subsidiary, Sobeys Inc, which has conducted business through approximately 1,500 retail stores (corporate owned, franchised and affiliate), as well as over 350 retail fuel locations, operating in province and in over 900 communities across Canada.

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