ATCO (ACLLF) Expected to Post Quarterly Earnings on Wednesday

ATCO (OTCMKTS:ACLLF) is projected to issue its resultson Wednesday, July 29th. Analysts expect ATCO to post earnings of $0.6850 per share and revenue of $899.4180 million for the quarter.

ATCO Stock Up 0.2%

ACLLF opened at $55.20 on Wednesday. The firm’s fifty day moving average price is $51.75 and its two-hundred day moving average price is $48.44. ATCO has a 1 year low of $34.71 and a 1 year high of $56.09.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Royal Bank Of Canada reissued a “sector perform” rating on shares of ATCO in a research report on Thursday, May 7th. BMO Capital Markets reaffirmed an “outperform” rating on shares of ATCO in a research report on Thursday, May 7th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of ATCO in a research note on Friday. Scotiabank reissued a “sector perform” rating on shares of ATCO in a report on Tuesday. Finally, TD Securities restated a “hold” rating on shares of ATCO in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently 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.