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Alimentation Couche-Tard Inc. Q1 Profit Decreases, Misses Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Alimentation Couche-Tard Inc. (ANCUF.PK) reported a profit for first quarter that decreased from last year and missed the Street estimates.

The company's bottom line totaled $790.8 million, or $0.83 per share. This compares with $834.1 million, or $0.85 per share, in last year's first quarter.

Excluding items, Alimentation Couche-Tard Inc. reported adjusted earnings of $790 million or $0.83 per share for the period.

Analysts on average had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.0% to $18.277 billion from $15.623 billion last year.

Alimentation Couche-Tard Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $790.8 Mln. vs. $834.1 Mln. last year.
-EPS (Q1): $0.83 vs. $0.85 last year.
-Revenue (Q1): $18.277 Bln vs. $15.623 Bln last year.

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