ATS Corp expected to post earnings of 55 cents a share - Earnings Preview

ATS

14/05/2024 13:32

* ATS Corp  ATS.TO   is expected to show a fall in quarterly
revenue when it reports  results on May 16 for the period ending
March 31 2024
    * The Cambridge Ontario-based  company is expected to report
a
1.3% decrease in revenue to C$721.2 million from C$730.8 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for ATS Corp is for earnings
of 55
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ATS Corp is
C$65.00​, above​ its last closing price of C$46.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.65        0.65       0.65      Met     -0.2
 Sep. 30 2023  0.63        0.64       0.63      Missed  -1.6
 Jan. 1 0001   0.65        0.65       0.69      Beat    5.7​
 Mar. 31 2023  0.53        0.54       0.73      Beat    34.8
 ​​Dec.        0.53        0.53       0.52      Missed  -2.5
 31 2022                                                
 Sep. 30 2022  0.53        0.53       0.50      Missed  -6​
 Jun. 30 2022  0.56        0.53       0.64      Beat    20.3
 Mar. 31 2022  0.48        0.50       0.64      Beat    29.3
 This summary was machine generated May 14 at 12:32 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)