Alimentation Couche-Tard (ANCTF) to Release Earnings on Tuesday

Alimentation Couche-Tard (OTCMKTS:ANCTF) is expected to issue its results before the market opens on Tuesday, March 17th. Analysts expect the company to announce earnings of $0.8270 per share and revenue of $22.2489 billion for the quarter.

Alimentation Couche-Tard Stock Performance

ANCTF stock opened at $60.03 on Friday. Alimentation Couche-Tard has a 1-year low of $45.61 and a 1-year high of $62.17. The company’s 50 day moving average is $57.46 and its 200 day moving average is $54.16.

Wall Street Analysts Forecast Growth

ANCTF has been the topic of several analyst reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Alimentation Couche-Tard in a report on Thursday, February 12th. TD Securities reaffirmed a “buy” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Thursday, February 12th. BMO Capital Markets reissued a “market perform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. Finally, BNP Paribas Exane began coverage on shares of Alimentation Couche-Tard in a research note on Tuesday, January 20th. They set a “neutral” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus 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.