Albertsons Companies Q1 Adj. EPS $0.42 Misses $0.54 Estimate, Sales $24.942B Beat $24.822B Estimate

Albertsons Companies (NYSE:ACI) reported quarterly earnings of $0.42 per share which missed the analyst consensus estimate of $0.54 by 22.22 percent. This is a 23.64 percent decrease over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $24.942 billion which beat the analyst consensus estimate of $24.822 billion by 0.48 percent. This is a 0.25 percent increase over sales of $24.880 billion the same period last year.