Alimentation Couche-Tard (OTCMKTS:ANCTF) Announces Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Alimentation Couche-Tard (OTCMKTS:ANCTF) issued its quarterly earnings data on Tuesday. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.02, Zacks reports.

Alimentation Couche-Tard Price Performance

Shares of ANCTF traded down $0.81 during mid-day trading on Tuesday, hitting $46.72. 18,572 shares of the company’s stock were exchanged, compared to its average volume of 59,576. The company has a 50-day simple moving average of $51.22 and a 200 day simple moving average of $53.94. Alimentation Couche-Tard has a 52 week low of $45.88 and a 52 week high of $61.86.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ANCTF shares. Desjardins lowered shares of Alimentation Couche-Tard from a “moderate buy” rating to a “hold” rating in a report on Tuesday, February 11th. UBS Group raised Alimentation Couche-Tard to a “strong-buy” rating in a research note on Friday, December 13th. National Bank Financial raised Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 17th. Finally, Scotiabank reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Tuesday, March 4th.

About Alimentation Couche-Tard

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.