ATCO (ACLLF) Expected to Post Earnings on Wednesday

ATCO (OTCMKTS:ACLLF) is expected to post its resultson Wednesday, July 29th. Analysts expect ATCO to announce earnings of $0.6890 per share and revenue of $899.4180 million for the quarter.

ATCO Trading Down 1.2%

OTCMKTS ACLLF opened at $56.02 on Tuesday. The company’s 50 day simple moving average is $52.25 and its 200 day simple moving average is $48.88. ATCO has a 12 month low of $34.71 and a 12 month high of $57.09.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of ATCO in a research report on Friday, July 17th. Royal Bank Of Canada reissued a “sector perform” rating on shares of ATCO in a research note on Thursday, May 7th. TD Securities restated a “hold” rating on shares of ATCO in a report on Friday, May 8th. Scotiabank reaffirmed a “sector perform” rating on shares of ATCO in a report on Tuesday, July 21st. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of ATCO in a research report on Thursday, May 7th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

ATCO Company Profile

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.