Published on 23 Mar 2024 on Simply Wall St. via Yahoo Finance
Alimentation Couche-Tard Inc. Just Missed EPS By 21%: Here's What Analysts Think Will Happen Next
The analysts might have been a bit too bullish on Alimentation Couche-Tard Inc. (TSE:ATD), given that the company fell short of expectations when it released its quarterly results last week. It wasn't a great result overall - while revenue fell marginally short of analyst estimates at US$20b, statutory earnings missed forecasts by an incredible 21%, coming in at just US$0.65 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Alimentation Couche-Tard after the latest results.
See our latest analysis for Alimentation Couche-Tard
