Alimentation Couche-Tard (OTCMKTS:ANCTF) Announces Quarterly Earnings Results, Beats Estimates By $0.19 EPS

Alimentation Couche-Tard (OTCMKTS:ANCTF) issued its quarterly earnings data on Monday. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.19, Zacks reports.

Alimentation Couche-Tard Stock Down 0.8%

Shares of Alimentation Couche-Tard stock traded down $0.44 during trading hours on Monday, hitting $57.91. The company’s stock had a trading volume of 18,054 shares, compared to its average volume of 116,248. The stock has a 50 day moving average of $57.52 and a 200 day moving average of $56.78. Alimentation Couche-Tard has a 12 month low of $47.24 and a 12 month high of $62.58.

Wall Street Analysts Forecast Growth

Separately, Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Thursday, June 11th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Alimentation Couche-Tard has an average rating of “Moderate Buy”.

About Alimentation Couche-Tard

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.