Investing.com - Albertsons reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Albertsons announced earnings per share of $0.72 on revenue of $17.90. Analysts polled by Investing.com EPS of $0.64 on revenue of $17.67B.
Albertsons 's are down 12.45% and is trading at $26.70 , still down 30.43% from its 52 week high of $37.99 set on Monday, March 7, 2022.
Albertsons shares gained 1.02% to trade at $26.70 in pre-market trade the report.
Albertsons follows other major Consumer Staples sector earnings this month
Albertsons's report follows an earnings beat by PepsiCo on Wednesday, October 12, 2022, who reported EPS of $1.97 on revenue of $21.97B, EPS of $1.84 on revenue of $20.83B.
Costco had beat expectations on Thursday, September 22, 2022 with fourth quarter EPS of $4.2 on revenue of $72.09B, for EPS of $4.17 on revenue of $70.8B.
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