Albertsons Companies (ACI) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Viewpoint - Analysts project that Albertsons Companies, Inc. (ACI) will report quarterly earnings of $0.53 per share, reflecting a year-over-year decline of 19.7%, while revenues are expected to reach $24.72 billion, an increase of 1.9% from the same quarter last year [1]. Earnings Projections - The consensus EPS estimate for the quarter has been revised downward by 6.6% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue and Key Metrics - Analysts expect 'Revenues- Fuel' to be $1.28 billion, which represents a decrease of 3.2% from the prior-year quarter [5]. - The average forecast for 'Number of stores at end of quarter' is 2,270, slightly up from 2,269 reported in the same quarter last year [5]. - The projected 'Total Square Footage - Retail Square Feet' is 113.03 million, compared to 112.80 million in the same quarter last year [6]. Market Performance - Over the past month, Albertsons Companies shares have gained 5%, outperforming the Zacks S&P 500 composite's increase of 4.4% [6]. - Based on its Zacks Rank 4 (Sell), ACI is expected to underperform the overall market in the upcoming period [6].