On Tuesday 15th October 2024, investors and market participants can expect the release of Albertsons Companies (NYSE: ACI) second quarter financial results. This crucial announcement will be made before market open.
the company is poised to announce an estimated $0.48 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $18.48 billion for this period.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $80.53 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $2.36 per share during the same period.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $0.63 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q1 2024 | $0.66 | -29.0% | 24.27 B | +0.9% |
| Q4 2023 | $0.54 | -31.6% | 18.34 B | +0.4% |
| Q3 2023 | $0.79 | -9.2% | 18.56 B | +2.2% |
| Q2 2023 | $0.63 | -12.5% | 18.29 B | +2.1% |
| Q1 2023 | $0.93 | -7.0% | 24.05 B | +3.2% |
| *Growth on year-over-year basis | ||||
During Friday's trading, Albertsons Companies (ACI) shares reached a low of $18.24 and a high of $18.41, along with a total volume of 2.55 million shares. The stock ended the regular trading session at $18.37, demonstrating an upturn of 0.38 percent.
