AutoCanada (AOCIF) Set to Release Earnings on Thursday

AutoCanada (OTCMKTS:AOCIF) is expected to be announcing its results on Thursday, November 12th. Analysts expect the company to post earnings of $0.3413 per share and revenue of $881.98 million for the quarter.

AutoCanada Stock Performance

Shares of OTCMKTS AOCIF opened at $20.24 on Wednesday. AutoCanada has a 12-month low of $11.12 and a 12-month high of $22.07. The firm’s 50-day moving average price is $16.25 and its 200-day moving average price is $16.44.

Analyst Ratings Changes

Several research firms have recently issued reports on AOCIF. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of AutoCanada in a research note on Friday, August 14th. BMO Capital Markets reissued a “market perform” rating on shares of AutoCanada in a research report on Friday, August 14th. Desjardins assumed coverage on AutoCanada in a report on Tuesday, October 27th. They set a “hold” rating on the stock. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of AutoCanada in a research report on Tuesday, August 18th. Four analysts have rated the stock with a Hold rating. Based on data from MarketBeat, AutoCanada presently has an average rating of “Hold”.

About AutoCanada

AutoCanada Inc. is an automotive dealership group that operates franchised dealerships in Canada and the United States. The company sells new and used vehicles from a range of major automobile manufacturers and supports customers through vehicle financing and insurance products. In addition to vehicle sales, AutoCanada provides automotive repair and maintenance services, sells replacement parts, and offers collision-repair services at selected locations. Its operations also include dealership-related digital and customer-service capabilities intended to support vehicle purchases and ownership throughout the customer lifecycle.