ATCO (ACLLF) Projected to Post Quarterly Earnings on Wednesday

ATCO (OTCMKTS:ACLLF) is expected to release its resultson Wednesday, July 29th. Analysts expect ATCO to post earnings of $0.6890 per share and revenue of $899.4180 million for the quarter.

ATCO Price Performance

Shares of ACLLF stock opened at $56.69 on Monday. ATCO has a 52 week low of $34.71 and a 52 week high of $57.09. The firm has a 50 day moving average of $52.13 and a 200-day moving average of $48.77.

Wall Street Analysts Forecast Growth

ACLLF has been the topic of several research analyst reports. TD Securities reissued a “hold” rating on shares of ATCO in a research note on Friday, May 8th. BMO Capital Markets reaffirmed an “outperform” rating on shares of ATCO in a research note on Thursday, May 7th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of ATCO in a report on Friday, July 17th. Scotiabank reissued a “sector perform” rating on shares of ATCO in a research report on Tuesday, July 21st. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of ATCO in a research report on Thursday, May 7th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, ATCO presently has a consensus rating of “Hold”.

ATCO Company Profile

ATCO Ltd. is a diversified Canadian holding company headquartered in Calgary, Alberta, with operations spanning structures and logistics, utilities, energy, and retail energy services. Through its Structures & Logistics division, ATCO designs, manufactures and rents modular buildings, workforce housing and specialized structures for industrial, military and commercial clients. Its Utilities business encompasses electricity generation, transmission and distribution, as well as natural gas transmission and distribution networks that serve residential, commercial and industrial customers across multiple regions.

In its Energy division, ATCO develops and operates oil sands cold flow projects, power generation facilities and natural gas liquids pipelines, offering integrated solutions to the upstream and midstream sectors.