Albertsons Companies (NYSE:ACI) released its quarterly earnings results on Monday. The company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.24, MarketWatch Earnings reports. The company had revenue of $15.41 billion during the quarter, compared to analysts’ expectations of $15.32 billion. Albertsons Companies’s revenue for the quarter was up 9.3% on a year-over-year basis.
Shares of NYSE ACI opened at $17.10 on Wednesday. Albertsons Companies has a 52 week low of $12.91 and a 52 week high of $18.25. The company has a 50-day simple moving average of $15.96. The company has a debt-to-equity ratio of 5.63, a quick ratio of 0.49 and a current ratio of 1.13.
The firm also recently disclosed a dividend, which was paid on Wednesday, December 23rd. Investors of record on Friday, January 1st were paid a $48.00 dividend. The ex-dividend date of this dividend was Thursday, December 3rd. This represents a yield of 5.47%.
Albertsons Companies Company Profile
Albertsons Companies, Inc, through its subsidiaries, operates as a food and drug retailer in the United States. Its food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. As of February 29, 2020, the company operated 2,252 stores under various banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Market Street, Pavilions, Star Market, Carrs, and Haggen; and 1,726 pharmacies, 1,290 in-store branded coffee shops, and 402 adjacent fuel centers.
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