Earnings Preview: Albertsons Companies
Portfolio Pulse from Benzinga Insights
Albertsons Companies (NYSE:ACI) is set to release its latest quarterly earnings report on Tuesday, 2023-10-17. Analysts estimate an earnings per share (EPS) of $0.56. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $22.4, down 15.78% over the last 52-week period.
October 16, 2023 | 2:00 pm
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Albertsons Companies is expected to report an EPS of $0.56 in its upcoming earnings. The stock has been down 15.78% over the last 52 weeks.
The upcoming earnings report is a significant event for Albertsons Companies. However, the stock's performance has been negative over the past year, which may influence investor sentiment. The impact of the earnings report on the stock price will depend on whether the company meets or exceeds the estimated EPS and the guidance it provides for future growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100