Albertsons (ACI) Tops Q3 EPS by 5c, Updates Guidance

Albertsons (NYSE: ACI) reported Q3 EPS of $0.71, $0.05 better than the analyst estimate of $0.66. Revenue for the quarter came in at $18.77 billion versus the consensus estimate of $18.79 billion.

GUIDANCE:

Albertsons sees FY2025 EPS of $2.25-$2.31, versus the consensus of $2.26.

• Identical sales growth in the range of 1.8% to 2.0% (previously 1.8% to 2.2%)
• Adjusted EBITDA in the range of $3.95 billion to $3.99 billion (previously $3.90 billion to $3.98 billion)
• Adjusted net income per Class A common share in the range of $2.25 to $2.31 per share (previously $2.20 to $2.30 per share)
• Effective income tax rate in the range of 15% to 16% (previously 23%) (1)
• Capital expenditures in the range of $1.8 billion to $1.9 billion (unchanged)

For earnings history and earnings-related data on Albertsons (ACI) click here.

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