Albertsons Companies Inc reports results for the quarter ended May 31 - Earnings Summary
Albertsons Companies Inc reports results for the quarter ended May 31 - Earnings Summary
Albertsons Companies Inc ACI.N reported quarterly adjusted earnings of 42 cents per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of 55 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 54 cents per share. Wall Street expected results to range from 45 cents to 63 cents per share.
Revenue rose 0.2% to $24.94 billion from a year ago; analysts expected $24.82 billion.
Albertsons Companies Inc's reported EPS for the quarter was 17 cents.
The company reported quarterly net income of $84.7 million.
Albertsons Companies Inc shares had risen by 7.9% this quarter and lost 15.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.8% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is also "buy"
Wall Street's median 12-month price target for Albertsons Companies Inc is $20.00, about 27% above its last closing price of $14.60
This summary was machine generated from LSEG data July 23 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 |
May. 31 2026 | 0.54 | 0.42 | Missed |
Feb. 28 2026 | 0.43 | 0.48 | Beat |
Nov. 30 2025 | 0.68 | 0.72 | Beat |
Aug. 31 2025 | 0.40 | 0.44 | Beat |
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