ATCO (ACLLF) to Post Earnings on Wednesday

ATCO (OTCMKTS:ACLLF) is projected to release its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.6850 per share and revenue of $899.4180 million for the quarter.

ATCO Trading Up 0.2%

Shares of ACLLF stock opened at $55.20 on Wednesday. ATCO has a fifty-two week low of $34.71 and a fifty-two week high of $56.09. The business’s 50 day moving average price is $51.75 and its 200-day moving average price is $48.44.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ACLLF. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of ATCO in a research report on Friday. Scotiabank restated a “sector perform” rating on shares of ATCO in a report on Tuesday. BMO Capital Markets reiterated an “outperform” rating on shares of ATCO in a report on Thursday, May 7th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of ATCO in a report on Thursday, May 7th. Finally, TD Securities restated a “hold” rating on shares of ATCO in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

About ATCO

ATCO Ltd. is a diversified Canadian holding company headquartered in Calgary, Alberta, with operations spanning structures and logistics, utilities, energy, and retail energy services. Through its Structures & Logistics division, ATCO designs, manufactures and rents modular buildings, workforce housing and specialized structures for industrial, military and commercial clients. Its Utilities business encompasses electricity generation, transmission and distribution, as well as natural gas transmission and distribution networks that serve residential, commercial and industrial customers across multiple regions.

In its Energy division, ATCO develops and operates oil sands cold flow projects, power generation facilities and natural gas liquids pipelines, offering integrated solutions to the upstream and midstream sectors.