Why Kroger Co. Stock Popped on Thursday

Shares of grocer Kroger (NYSE: KR) jumped as much as 13.6% on Thursday, following the company's release of its third-quarter results. The stock finished the trading day up 6.1%.

Kroger stock's rise on Thursday likely reflects the quarter's better-than-expected revenue and earnings per share (EPS). Revenue and earnings per share for the quarter were $27.7 billion and $0.44, respectively. On average, analysts were expecting revenue and EPS of $27.5 billion and $0.40, respectively.

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Source: Fool.com