RE:Target RaisedHere are their comments. GLTA
For the quarter, we are forecasting EBITDA of $1,404 million, slightly above consensus’ $1,371 million estimate and below $1,455 million for the same period last year,” he said. “Further, we are forecasting EPS of $0.78, above consensus’ forecast of $0.76 and below Q2/F23′s $0.82.”
Mr. Hannan added: “We believe Couche-Tard’s organic growth initiatives should be supportive of consolidated margin expansion over the course of our forecast period, while structural market dynamics suggest fuel margins over the medium-to-long term should remain healthy. Furthermore, while we have not incorporated share buybacks into our estimates, we expect the company to be active with its NCIB over the next 12 months.”