Analysts expect Albertsons Companies to report an earnings per share (EPS) of $0.42.
The market awaits Albertsons Companies's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Overview of Past Earnings
During the last quarter, the company reported an EPS beat by $0.05, leading to a 0.0% drop in the share price on the subsequent day.
Here's a look at Albertsons Companies's past performance and the resulting price change:
Quarter
Q3 2024
Q2 2024
Q1 2024
Q4 2023
EPS Estimate
0.66
0.48
0.67
0.52
EPS Actual
0.71
0.51
0.66
0.54
Price Change %
1.0%
-1.0%
-0.0%
0.0%
Stock Performance
Shares of Albertsons Companies were trading at $21.19 as of April 11. Over the last 52-week period, shares are up 6.28%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Opinions on Albertsons Companies
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Albertsons Companies.
Analysts have given Albertsons Companies a total of 8 ratings, with the consensus rating being Outperform. The average one-year price target is $24.75, indicating a potential ...
