Q: Hello Peter,
Looking at your reply on July 14 regarding Aliment Couche Tard, the company did miss on revenues and adjusted earnings, yet the stock held up fine. Constellation software has done exceptionally well; however, they had a slight miss on revenues and earnings. Can you shed light as to why investors may forgive one company but yet punish another when both are considered very solid companies (CSU is down 5 percent or so on the earnings release). Thanks
Looking at your reply on July 14 regarding Aliment Couche Tard, the company did miss on revenues and adjusted earnings, yet the stock held up fine. Constellation software has done exceptionally well; however, they had a slight miss on revenues and earnings. Can you shed light as to why investors may forgive one company but yet punish another when both are considered very solid companies (CSU is down 5 percent or so on the earnings release). Thanks