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Benzinga
42 days

Albertsons Companies Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. ACI will report Q1 earnings on July 15, projecting lower EPS. 2. Revenue is expected to increase to $24.69 billion this quarter. 3. Analysts maintain positive ratings, with price targets up to $31. 4. ACI shares rose 3.7% to $22.74 recently. 5. New Own Brand launch may attract more customers.

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FAQ

Why Bullish?

Despite expected lower EPS, revenue growth and analyst upgrades indicate positive market sentiment, which could lead to stock increase.

How important is it?

Analyst ratings and earnings expectations are crucial for investor sentiment and can significantly influence ACI’s stock price in the near term.

Why Short Term?

Earnings reports typically have immediate effects, with analysts’ projections influencing short-term investment decisions.

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