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AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. It offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services. Its segments include Canadian Operations and U.S. Operations. It operates about 82 franchised dealerships, comprised of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States. It sells Acura, Alfa Romeo, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, FIAT, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Lincoln, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru, Toyota, Volkswagen, and Volvo branded vehicles. Its Canadian Operations segment operates three used vehicle dealerships and one used vehicle auction business supporting the Used Digital Division, 13 RightRide division locations, and 11 stand-alone collision centers within its group of 27 collision centers.


TSX:ACQ - Post by User

Post by sunshine7on Mar 04, 2022 8:14pm
280 Views
Post# 34485632

Simply Wall Street...

Simply Wall Street...Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: CA$5.98 (up from CA$0.27 loss in FY 2020). Revenue: CA$4.65b (up 40% from FY 2020). Net income: CA$164.2m (up CA$171.7m from FY 2020). Profit margin: 3.5% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 9.6%, compared to a 19% growth forecast for the retail industry in Canada. Over the last 3 years on average, earnings per share has increased by 105% per year but the companys share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
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