AutoCanada (AOCIF) to Release Quarterly Earnings on Wednesday

AutoCanada (OTCMKTS:AOCIF) is expected to announce its resultson Wednesday, August 12th. Analysts expect AutoCanada to post earnings of $0.4607 per share and revenue of $888.8020 million for the quarter.

AutoCanada Stock Performance

Shares of OTCMKTS:AOCIF opened at $15.40 on Wednesday. The firm’s fifty day moving average is $15.40 and its 200-day moving average is $16.64. AutoCanada has a 52 week low of $11.12 and a 52 week high of $25.60.

Analyst Ratings Changes

Several brokerages recently issued reports on AOCIF. BMO Capital Markets lowered AutoCanada from an “outperform” rating to a “market perform” rating in a research report on Monday, July 20th. Royal Bank Of Canada reissued a “sector perform” rating on shares of AutoCanada in a research note on Tuesday, May 26th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

About AutoCanada

AutoCanada Inc is an independent multi-location automotive dealership group headquartered in Edmonton, Alberta. The company operates a network of franchised retail dealerships, pre-owned vehicle outlets and collision repair centers. AutoCanada’s dealerships represent leading national and international original equipment manufacturers (OEMs), offering new vehicles as well as certified pre-owned and used automobiles to retail customers. In addition to vehicle sales, the company provides parts and service operations, delivering maintenance, warranty work and genuine OEM parts for a variety of makes and models.

Founded in 2006 by automotive entrepreneur Paul Antony, AutoCanada has grown through strategic acquisitions and organic expansion.