Analysts estimate that Albertsons Companies will report an earnings per share (EPS) of $0.52.
Investors in Albertsons Companies are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings Track Record
In the previous earnings release, the company beat EPS by $0.06, leading to a 6.07% increase in the share price the following trading session.
Here's a look at Albertsons Companies's past performance and the resulting price change:
Quarter
Q4 2024
Q3 2024
Q2 2024
Q1 2024
EPS Estimate
0.40
0.66
0.48
0.67
EPS Actual
0.46
0.71
0.51
0.66
Price Change %
6.0%
1.0%
-1.0%
-0.0%
Performance of Albertsons Companies Shares
Shares of Albertsons Companies were trading at $22.15 as of July 11. Over the last 52-week period, shares are up 12.93%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analysts' Take on Albertsons Companies
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Albertsons Companies.
With 8 analyst ratings, Albertsons Companies has a consensus rating of Outperform. The average one-year price target is $24.88, indicating a potential 12.33% upside.
Understanding Analyst ...
