Alimentation Couche-Tard (OTCMKTS:ANCTF) Releases Earnings Results

Alimentation Couche-Tard (OTCMKTS:ANCTF) announced its earnings results on Monday. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.19, Zacks reports.

Alimentation Couche-Tard Stock Performance

Shares of ANCTF stock traded down $0.44 during trading hours on Monday, reaching $57.91. The company had a trading volume of 18,054 shares, compared to its average volume of 116,248. The company has a 50 day moving average of $57.52 and a 200 day moving average of $56.78. Alimentation Couche-Tard has a 1-year low of $47.24 and a 1-year high of $62.58.

Analyst Upgrades and Downgrades

Separately, Scotiabank restated an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, June 11th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About Alimentation Couche-Tard

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.