Q2 2020 EPS Estimates for Alimentation Couche-Tard Inc. Decreased by National Bank Financial (TSE:ATD)

Alimentation Couche-Tard Inc. (TSE:ATD) – Investment analysts at National Bank Financial cut their Q2 2020 earnings per share estimates for Alimentation Couche-Tard in a research note issued on Wednesday, July 10th. National Bank Financial analyst V. Shreedhar now expects that the company will earn $1.23 per share for the quarter, down from their prior estimate of $1.28. National Bank Financial also issued estimates for Alimentation Couche-Tard’s Q4 2020 earnings at $0.68 EPS, FY2020 earnings at $4.30 EPS, Q1 2021 earnings at $1.27 EPS, Q2 2021 earnings at $1.32 EPS, Q3 2021 earnings at $1.13 EPS, Q4 2021 earnings at $0.73 EPS and FY2021 earnings at $4.45 EPS.

Alimentation Couche-Tard (TSE:ATD) last released its earnings results on Tuesday, July 9th. The company reported C$0.69 EPS for the quarter, missing analysts’ consensus estimates of C$0.72 by C($0.03). The firm had revenue of C$17.44 billion during the quarter, compared to analysts’ expectations of C$18.13 billion.

Separately, Desjardins cut Alimentation Couche-Tard from a “buy” rating to a “hold” rating in a research note on Thursday.

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Earnings History and Estimates for Alimentation Couche-Tard (TSE:ATD)

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