Earnings Alerts

Alimentation Couche-Tard (ATD) Earnings: 1Q Adjusted EPS Misses Estimates

By September 5, 2024 No Comments
  • Adjusted EPS: 83 cents (missed estimate of 84 cents)
  • Total Revenue: $18.28 billion (exceeded estimate of $18.12 billion)
  • Merchandise & Service Revenues: $4.49 billion (missed estimate of $4.56 billion)
  • United States Merchandise & Service Revenues: $3.02 billion (met estimate of $3.02 billion)
  • Europe & Other Regions Merchandise & Service Revenues: $867.2 million (missed estimate of $875.7 million)
  • Canada Merchandise & Service Revenues: $603.7 million (missed estimate of $619.2 million)
  • Consolidated Merchandise & Service Gross Margin: 35%
  • United States Merchandise & Service Gross Margin: 33.7% (missed estimate of 34.4%)
  • Europe & Other Regions Merchandise & Service Gross Margin: 39.8% (exceeded estimate of 39.1%)
  • Canada Merchandise & Service Gross Margin: 34.8% (exceeded estimate of 34.3%)
  • Adjusted EBITDA: $1.59 billion (missed estimate of $1.64 billion)
  • Analyst Ratings: 11 buys, 3 holds, 1 sell

Alimentation Couche-Tard on Smartkarma

Analyst coverage of Alimentation Couche-Tard on Smartkarma highlights the positive sentiment towards the company’s stable and recession-resistant business model. Value Investors Club‘s report emphasizes Alimentation Couche-Tard’s global leadership in convenience stores and gas stations, along with its strong management team focused on industry consolidation. The report suggests that ATD stock is trading at a reasonable multiple, with potential for mid-teens free cash flow per share growth, positioning it as an attractive long-term investment opportunity.


A look at Alimentation Couche-Tard Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Alimentation Couche-Tard Inc., a global convenience store operator, is positioned for a promising long-term outlook based on its Smartkarma Smart Scores. With a strong momentum score of 4, the company shows robust potential for continued growth and market performance. Coupled with a growth score of 3, Alimentation Couche-Tard is poised to expand its operations and revenue streams in the future. Although its value, dividend, and resilience scores are more moderate, the company’s overall positive momentum and growth outlook indicate a favorable trajectory for investors.

Alimentation Couche-Tard Inc. operates convenience stores worldwide, offering a diverse range of products and services to customers. Despite receiving varying scores across different factors, the company’s momentum and growth potential stand out as key drivers for its long-term performance. Investors may find Alimentation Couche-Tard an attractive investment option given its strong market position and promising outlook for future expansion and profitability.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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