Albertsons (ACI) Tops Q3 EPS by 21c, Raises FY Guidance
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Price: $20.44 --0%
EPS Growth %: -34.2%
Financial Fact:
Cost of coal sales: 450.43M
Today's EPS Names:
ESCA, LICT, NKSH, More
EPS Growth %: -34.2%
Financial Fact:
Cost of coal sales: 450.43M
Today's EPS Names:
ESCA, LICT, NKSH, More
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Albertsons (NYSE: ACI) reported Q3 EPS of $0.79, $0.21 better than the analyst estimate of $0.58. Revenue for the quarter came in at $16.7 billion versus the consensus estimate of $16.03 billion.
GUIDANCE:
Albertsons sees FY2021 EPS of $2.90-$2.95, versus the consensus of $2.61.
- Identical sales in fiscal 2021 in the range of (0.8%) to (1.2%) (previously (2.5%) to (3.5%)), representing two-year stacked growth of 15.7% to 16.1% (previously 13.4% to 14.4%)
- Adjusted EBITDA in the range of $4.25 billion to $4.30 billion (previously $3.95 billion to $4.05 billion)
- Adjusted net income per Class A common share in the range of $2.90 to $2.95 per share (previously $2.50 to $2.60 per share)
- Effective tax rate in the range of 22.5% to 23.5% (previously 23% to 24%)
- Capital expenditures in the range of $1.8 billion to $1.9 billion (previously $1.9 billion to $2.0 billion)
For earnings history and earnings-related data on Albertsons (ACI) click here.
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