Recap: Albertsons Companies Q3 Earnings

Albertsons Companies ACI reported its Q3 earnings results on Tuesday, January 11, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Albertsons Companies beat estimated earnings by 33.9%, reporting an EPS of $0.79 versus an estimate of $0.59, which surprised analysts.

Revenue was up $15.39 billion from the same period last year.

Last quarter the company beat on EPS by $0.19, which was followed by a 4.1% drop in the share price the next day.

Here's a look at Albertsons Companies's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.45	0.67	0.51	0.42
EPS Actual	0.64	0.89	0.60	0.66
Revenue Estimate	15.81B	20.30B	15.63B	15.34B
Revenue Actual	16.51B	21.27B	15.77B	15.41B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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