Alimentation Couche-Tard (OTCMKTS:ANCTF) Announces Earnings Results, Beats Estimates By $0.02 EPS

Alimentation Couche-Tard (OTCMKTS:ANCTF) announced its earnings results on Tuesday. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.02, Zacks reports. The company had revenue of $20.90 billion for the quarter, compared to the consensus estimate of $17.07 billion.

Alimentation Couche-Tard Stock Down 1.7 %

ANCTF opened at $46.72 on Wednesday. The firm’s 50-day simple moving average is $51.09 and its 200-day simple moving average is $53.87. Alimentation Couche-Tard has a twelve month low of $45.88 and a twelve month high of $61.86.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Scotiabank reissued an “outperform” rating on shares of Alimentation Couche-Tard in a report on Tuesday, March 4th. Desjardins lowered shares of Alimentation Couche-Tard from a “moderate buy” rating to a “hold” rating in a report on Tuesday, February 11th. National Bank Financial raised shares of Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a report on Monday, February 17th. Finally, UBS Group raised shares of Alimentation Couche-Tard to a “strong-buy” rating in a report on Friday, December 13th.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.