Albertsons Companies (NYSE:ACI) posted its quarterly earnings results on Monday. The company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.24, MarketWatch Earnings reports. The business had revenue of $15.41 billion for the quarter, compared to the consensus estimate of $15.32 billion. The business’s revenue for the quarter was up 9.3% on a year-over-year basis.
Shares of ACI opened at $17.12 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.49 and a debt-to-equity ratio of 5.63. The stock has a 50-day moving average price of $15.98 and a 200-day moving average price of $15.02. Albertsons Companies has a 12-month low of $12.91 and a 12-month high of $18.25.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 10th. Stockholders of record on Tuesday, January 26th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, January 25th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.34%.
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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