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Earnings Reports: Expect Dips for Several Companies Ahead

Earnings Reports: Investors brace for declines as companies report. Albertsons and Unifirst forecast decreases in EPS, while Acuity Brands and Simply Good Foods see gains. This disparity may impact stock movements significantly.

Date: 
AI Rating:   4

Earnings Per Share (EPS)
Several companies are reporting significant changes in their EPS forecasts for the upcoming quarter. Albertsons Companies, Inc. (ACI) is expected to report an EPS of $0.64, which represents a 15.79% decrease from the previous year. This negative forecast could cause concern among investors, potentially leading to a drop in stock price.

Acuity Brands, Inc. (AYI), in contrast, is forecasting an EPS increase of 4.06% to $3.59. Their consistent performance in beating expectations in previous quarters suggests strong operational efficiency and may lead to a positive impact on stock price.

MSC Industrial Direct Company, Inc. (MSM) faces a concerning forecast with a 41.60% decrease in expected EPS at $0.73, which may negatively affect investor sentiment and stock performance.

The Simply Good Foods Company (SMPL) is projected to report an EPS increase of 7.50% at $0.43, maintaining a trend of exceeding expectations that could positively influence their stock price.

Unifirst Corporation's (UNF) forecast involves a decrease of 4.62% in EPS to $2.27, together with a prior miss on consensus earnings. This scenario may lead investors to react negatively, impacting its stock value.

Helen of Troy Limited (HELE) also shares a negative forecast with a 2.86% decrease to $2.38, raising similar concerns for investors that may lead to stock price downward pressure.

Radius Recycling, Inc. (RDUS) is projected to report an EPS of -$0.66, marking a decrease of 3.13% that, paired with a previously successful quarter, could create complex reactions from investors.

Lastly, AngioDynamics, Inc. (ANGO) faces the steepest decline with a forecasted EPS of -$0.11, reflecting a staggering 120.00% decrease that could significantly deter investor interest and adversely affect stock prices.