Alimentation Couche-Tard Inc reports results for the quarter ended January 31 - Earnings Summary

• Alimentation Couche-Tard Inc ATD.TO reported quarterly adjusted earnings of 68 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 68 cents per share. Wall Street expected results to range from 60 cents to 82 cents per share.

• Revenue rose 6.5% to $20.90 billion from a year ago; analysts expected $21.19 billion.

• Alimentation Couche-Tard Inc's reported EPS for the quarter was 68 cents​.

• The company reported quarterly net income of $641.4 million.

• Alimentation Couche-Tard Inc shares had fallen by 14.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.5% in the last three months.​

• In the last 30 days, nine analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the oil & gas refining and marketing peer group is also "buy"

Wall Street's median 12-month price target for Alimentation Couche-Tard Inc is C$87.50

This summary was machine generated from LSEG data March 18 at 10:21 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)