Albertsons Companies, Inc. reports results for the quarter ended August 31 - Earnings Summary
Albertsons Companies, Inc. reports results for the quarter ended August 31 - Earnings Summary
Albertsons Companies, Inc. ACI.N reported quarterly adjusted earnings of 36 cents per share for the quarter ended August 31, lower than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of twenty analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 29 cents to 36 cents per share.
Revenue fell 0.1% to $18.89 billion from a year ago; analysts expected $18.87 billion.
Albertsons Companies, Inc.'s reported EPS for the quarter was 11 cents.
The company reported quarterly net income of $51.5 million.
Albertsons Companies, Inc. shares had risen by 8.0% this quarter and lost 27.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 30% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 13 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is "buy."
Wall Street's median 12-month price target for Albertsons Companies, Inc. is $12.57, about 0.2% above its last closing price of $12.54
This summary was machine generated from LSEG data October 13 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Aug. 31 2026 | 0.33 | 0.36 | Beat |
May. 31 2026 | 0.54 | 0.42 | Missed |
Feb. 28 2026 | 0.43 | 0.48 | Beat |
Nov. 30 2025 | 0.68 | 0.72 | Beat |
Recent news on Albertsons Companies
See all newsAlaska high court revives opioid lawsuit against pharmacy operators (updated)
Alaska high court revives opioid lawsuit against pharmacy operators
Albertsons must pay $900 million for fueling opioid epidemic in Washington state, judge rules (updated)
Albertsons must pay $900 million for fueling opioid epidemic in Washington state, judge rules
DoorDash’s Instacart deal may draw FTC scrutiny amid cost-of-living concerns