ATS Corp expected to post earnings of 65 cents a share - Earnings Preview

ATS

05/02/2024 13:33

* ATS Corp  ATS.TO   is expected to show a rise in quarterly
revenue when it reports  results on February 7 for the period
ending December 31 2023
    * The Cambridge Ontario-based  company is expected to report
a
12.7% increase in revenue to C$728.929 million from C$647.05
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for ATS Corp is for earnings
of 65
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"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$68.00​, above​ its last closing price of C$58.51. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.63        0.64       0.63      Missed  -1.6
 Jun. 30 2023  0.65        0.65       0.69      Beat    5.7
 Mar. 31 2023  0.53        0.54       0.73      Beat    34.8​
 Dec. 31 2022  0.53        0.53       0.52      Missed  -2.5
 ​​Sep.        0.53        0.53       0.50      Missed  -6
 30 2022                                                
 Jun. 30 2022  0.56        0.53       0.64      Beat    20.3​
 Mar. 31 2022  0.48        0.50       0.64      Beat    29.3
 Dec. 31 2021  0.46        0.45       0.52      Beat    14.7
 This summary was machine generated February 5 at 13:33 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)