National Bank Financial Raises Earnings Estimates for Empire

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

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

Empire Price Performance

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

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

Empire Dividend Announcement

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

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.