Albertsons Companies (ACI) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Insights - Albertsons Companies, Inc. (ACI) is expected to report quarterly earnings of $0.48 per share, reflecting a year-over-year decline of 23.8% [1] - Revenue projections stand at $18.47 billion, indicating a 1% increase from the same quarter last year [1] - Analysts have revised their consensus EPS estimate upward by 2.7% over the past 30 days, indicating a reassessment of initial projections [1] Revenue and Key Metrics - Analysts estimate 'Revenues- Fuel' to be $1.09 billion, which represents a year-over-year decline of 3.3% [2] - The expected 'Number of stores at end of quarter' is 2,269, down from 2,272 reported in the same quarter last year [2] - 'Total Square Footage - Retail Square Feet' is forecasted to reach 112.78 million, slightly lower than the 112.9 million reported in the same quarter last year [2] Stock Performance - Albertsons Companies shares have decreased by 0.5% over the past month, contrasting with a 5.9% increase in the Zacks S&P 500 composite [3] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [3]