Stay Ahead of the Game With Albertsons Companies (ACI) Q4 Earnings: Wall Street's Insights on Key Metrics

The upcoming report from Albertsons Companies, Inc. (ACI) is expected to reveal quarterly earnings of $0.40 per share, indicating a decline of 25.9% compared to the year-ago period. Analysts forecast revenues of $18.62 billion, representing an increase of 1.5% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.Given this perspective, it's time to examine the average forecasts of specific Albertsons Companies metrics that are routinely monitored and predicted by Wall Street analysts.The combined assessment of analysts suggests that 'Revenues- Fuel' will likely reach $776.15 million. The estimate points to a change of -5.7% from the year-ago quarter.Analysts forecast 'Number of stores at end of quarter' to reach 2,273. Compared to the present estimate, the company reported 2,269 in the same quarter last year.Analysts predict that the 'Total Square Footage - Retail Square Feet' will reach 113.07 million. The estimate is in contrast to the year-ago figure of 112.8 million.View all Key Company Metrics for Albertsons Companies here>>>Over the past month, shares of Albertsons Companies have returned +2.2% versus the Zacks S&P 500 composite's -5.3% change. Currently, ACI carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Albertsons Companies, Inc. (ACI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks