Alimentation Couche-Tard Inc reports results for the quarter ended April 30 - Earnings Summary

• Alimentation Couche-Tard Inc ATD.TO reported quarterly adjusted earnings of 46 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 48 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 42 cents to 60 cents per share.

• Revenue fell 7.5% to $16.27 billion from a year ago; analysts expected $16.86 billion.

• Alimentation Couche-Tard Inc's reported EPS for the quarter was 46 cents​.

• The company reported quarterly net income of $439.4 million.

• Alimentation Couche-Tard Inc shares had fallen by 0.2% this quarter and lost 11.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.8% in the last three months.​

• In the last 30 days, four 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 no "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$82.00, about 16.1% above its last closing price of C$68.81

This summary was machine generated from LSEG data June 25 at 09:48 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)