Albertsons Companies (ACI) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates [Yahoo! Finance]
Albertsons Companies, Inc. Class A (ACI)
US:NYSE Investor Relations:
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Source: Yahoo! Finance
Wall Street analysts expect Albertsons Companies, Inc. (ACI) to post quarterly earnings of $0.48 per share in its upcoming report, which indicates a year-over-year decline of 23.8%. Revenues are expected to be $18.47 billion, up 1% from the year-ago quarter. The current level reflects an upward revision of 2.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for
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ACI
News
- NationsBenefits® Expands Grocery Access to United Supermarkets [Yahoo! Finance]Yahoo! Finance
- North Texas Food Bank Partners with Tom Thumb / Albertsons and UNT Dallas for Thanksgiving Food Distribution [Yahoo! Finance]Yahoo! Finance
- Albertsons Companies, Inc. Announces Changes to Board of DirectorsBusiness Wire
- Albertsons Companies, Inc. (NYSE: ACI) had its "buy" rating re-affirmed by analysts at Tigress Financial. They now have a $27.00 price target on the stock.MarketBeat
- Albertsons Companies, Inc. (NYSE: ACI) was upgraded by analysts at Melius Research from a "hold" rating to a "buy" rating. They now have a $24.00 price target on the stock.MarketBeat
ACI
Earnings
- 10/15/24 - Beat
ACI
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- ACI's page on the SEC website