Alimentation Couche-Tard (ANCTF) Projected to Announce Earnings on Wednesday

Alimentation Couche-Tard (OTCMKTS:ANCTF) is projected to post its results after the market closes on Wednesday, September 2nd. Analysts expect Alimentation Couche-Tard to announce earnings of $0.8950 per share and revenue of $20.9085 billion for the quarter.

Alimentation Couche-Tard (OTCMKTS:ANCTF) last issued its quarterly earnings data on Monday, June 22nd. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.54 by $0.19. The business had revenue of $19.49 billion for the quarter, compared to analysts’ expectations of $18.51 billion.

Alimentation Couche-Tard Stock Performance

ANCTF stock opened at $60.22 on Tuesday. The company’s 50 day moving average is $64.13 and its 200 day moving average is $60.32. Alimentation Couche-Tard has a 1-year low of $48.03 and a 1-year high of $67.06.

Analyst Ratings Changes

A number of brokerages have recently commented on ANCTF. BMO Capital Markets reissued a “market perform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, June 24th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Alimentation Couche-Tard in a report on Tuesday, June 23rd. TD Securities reiterated a “buy” rating on shares of Alimentation Couche-Tard in a research report on Tuesday, August 4th. Scotiabank reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, August 19th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, June 24th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard is a Canadian multinational operator of convenience stores and fuel service stations. Headquartered in Laval, Quebec, the company manages a broad network of outlets offering convenience products, fresh food offerings and fuel under a variety of brand names. Its retail sites typically feature grab-and-go snacks, beverages, tobacco products and basic grocery items, alongside ancillary services such as car washes and loyalty programs.

Founded in 1980, Couche-Tard began as a single convenience store in Laval and has grown rapidly through both organic expansion and targeted acquisitions.