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

Alimentation Couche-Tard (OTCMKTS:ANCTF) is expected to release its resultson Monday, June 22nd. Analysts expect Alimentation Couche-Tard to post earnings of $0.5290 per share and revenue of $18.4247 billion for the quarter.

Alimentation Couche-Tard Price Performance

Shares of OTCMKTS:ANCTF opened at $60.06 on Monday. Alimentation Couche-Tard has a fifty-two week low of $47.24 and a fifty-two week high of $62.58. The firm has a 50-day simple moving average of $57.31 and a 200 day simple moving average of $56.60.

Analyst Upgrades and Downgrades

Separately, Scotiabank restated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Thursday. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Alimentation Couche-Tard Company Profile

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.