Company Earnings Update 3 minutesRegister for Free AccessMorrisons (LSE: MRW) FY19 Results: Solid Profit Growth Prompts Optimistic Outlook Coresight Research March 14, 2019 Executive Summary Morrisons reported FY19 revenues of £7 billion, up 2.7% year over year, and slightly missing the consensus estimate of €17.8 billion recorded by StreetAccount. The company reported adjusted diluted EPS of 12.88 pence, up 7.9% year over year, but missed the consensus of 13.1 pence. Morrisons expects £12 million incremental profit from wholesale, services, interest and online, taking the cumulative total to £54 million. The company believes it is on track for its £75-125 million target. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Global Economic Outlook Looking More Positive: What’s NewConsumers Shift Spending Toward Essential Categories: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2023, Week 2: UK Openings Up 67%Shoptalk Europe 2024 Startup Pitch Competition: Innovator Profiles
