Is ACI stock going up before upcoming earnings? Let's turn to history for clues

2 January 2024, 11:07 AM

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By Dmitry Pargamanik

ACI Shares Could Increase Ahead of Earnings

  • 9 out of the last 12 times, ACI stock had a run up before earnings
  • Pre-Earnings Run Up Averaged 1.4% Gains
ACI is scheduled to report earnings on 9-Jan-2024. The last time Albertsons Companies Class A reported earnings on Oct 17, 2023, the stock increased by 0.5% to close at $22.50. At its current price of $22.98, ACI post earnings drift is +2.2%. Typically, traders tended to bid up ACI shares (heading into earnings) prior to its scheduled release.

ACI Historical Pre-Earnings Run Up

As you can see from the table below, the data displays the percentage moves ACI had for the last 12 quarters around earnings. The 3 day run up into earnings is notable as it shows that the stock increased 75% of the time for an average gain of 1.4%. That was actually a better bullish play than holding ACI through earnings that saw a -1.2% decline.

ACI historical stock price movement before earnings

Go to ACI Historical Price Movements Around Earnings page



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