Albertsons Companies Q1 Adj. EPS $0.42 Misses $0.54 Estimate, Sales $24.942B Beat $24.822B Estimate
Albertsons Companies (NYSE:ACI) reported quarterly earnings of $0.42 per share which missed the analyst consensus estimate of $0.54 by 22.22 percent. This is a 23.64 percent decrease over earnings of $0.55 per share
Albertsons made less profit per share than experts expected, even though it sold slightly more groceries than predicted. When a company earns less than people thought it would, that's a sign to watch whether costs are going up or customers are spending less.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.