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  5. ACO.X: Good quarter? [ATCO Ltd. Class I Non-voting Shares]
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Q: Good quarter?
Asked by Kelly on March 05, 2024
5i Research Answer:

EPS of $1.13 beat estimates of $1.03 and rose from 97c in the prior year. Revenue of $1.22B missed estimates of $1.45B. EBITDA of $612M beat estimates by 4%. Adjusted net income rose 15%. BMO raised its price target to $49. Nothing overly noteworthy here, but a good quarter and we are comfortable. The stock is only 9X earnings. 

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