Alimentation Couche-Tard Inc T.ATD

Q3 Adjusted Earnings Up / Revenues Down

[mydividends]

 ALIMENTATION COUCHE-TARD ANNOUNCES ITS RESULTS FOR ITS THIRD QUARTER OF FISCAL YEAR 2021

* QTRLY EARNINGS PER SHARE $0.55

* QTRLY REVENUES $13.2 BILLION FOR Q3 OF FISCAL 2021, DOWN BY $3.4 BILLION, A DECREASE OF 20.8%

* QTRLY ADJUSTED EARNINGS PER SHARE $0.56

* ALIMENTATION COUCHE-TARD - TOTAL ROAD TRANSPORTATION FUEL REVENUES FOR Q3 OF FISCAL 2021 WERE $8.5 BILLION, A DECREASE OF $3.6 BILLION

* IN Q3 OF FISCAL 2021, MERCHANDISE AND SERVICE GROSS PROFIT WAS $1.5 BILLION, AN INCREASE OF $32.9 MILLION

* ALIMENTATION COUCHE-TARD QTRLY SAME-STORE ROAD TRANSPORTATION FUEL VOLUME DOWN BY 15.7% IN U.S. & BY 10.3% IN EUROPE

* ALIMENTATION COUCHE-TARD QTRLY SAME-STORE ROAD TRANSPORTATION FUEL VOLUME DOWN BY 19.9% IN CANADA

[Stuffitnow]

Well that sucks...

[Cornel2020]

Not very bad news considering Covid! We'll see tomorrow

[bingostar]

In line with consensus EPS, considering the SP is 11% down  from its high , i would assume a move to the upside tomorrow. Also what is missing is the management forecast for the year.

[bucheroncapital]

These numbers are fine ! Would add lots of room for the stock move up, the PE ratio is still very low and they are working on acquisition with a hudge line of $$$ to pull if they find the right deal, we will be back to the 44-45$ range soon! 

[mydividends]

Met the average analyst's EPS target ($0.56 per share).  As lockdowns are lifted, vaccines are administered, and people go back to their normal commuting routines (have you seen the 401/ DVP lately?!), their fuel volume sales should pick back up. People want to get out of their homes, get a different change of scene (which will include road trips).  I'm happy with the results