ATS Corp reports results for the quarter ended in March - Earnings Summary

ATS

18/05/2023 14:33

* ATS Corp  ATS.TO  reported quarterly adjusted earnings of
73
cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 54 cents per share.
    * Revenue rose 21.2% to C$730.80 million from a year ago;
analysts
expected C$664.37 million. 
    * ATS Corp's reported EPS for the quarter was 32 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * ATS Corp shares had risen by 2.3% this quarter and
gained 37.5%
so far this year.
    * The company reported quarterly net income of C$29.6
million.
    * Wall Street's median 12-month price target for ATS Corp is
C$63.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
18 at 01:33 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.54           0.73           Beat
 Dec. 31 2022      0.53           0.52           Missed
 Sep. 30 2022      0.53           0.50           Missed
 Jun. 30 2022      0.53           0.64           Beat