Analysts expect the company to report quarterly earnings at 68 cents per share, down from 71 cents per share in the year-ago period. Albertsons is projected to report revenue of $19.17 billion, up from $18.77 billion a year earlier, according to Benzinga Pro data.
On Dec. 23, Evercore ISI Group analyst Michael Montani maintained Albertsons with an In-Line rating and lowered the price target from $21 to $20.
With the recent buzz around Albertsons Companies, some investors may be eyeing potential gains from the company’s dividends too. As of now, Albertsons has an annual dividend yield of 3.47%, which is a quarterly dividend …