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ATCO (TSE:ACO.Y)
TSX:ACO.Y
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.37Last Year’s EPS
1.32Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -3.02%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance and strategic growth in ATCO Structures, with significant expansions and acquisitions. However, concerns were raised about moderated growth expectations for 2025, underperformance in ATCO Frontec, and valuation issues for ATCO Structures.Company Guidance
During the fourth quarter of 2024, ATCO Limited reported adjusted earnings of $481 million, marking an increase of $49 million, or over 11%, compared to the previous year. This growth was attributed to rate base growth across Canadian Utilities and an increase in allowable ROE from 8.5% in 2023 to 9.28% in 2024, though a reset to 8.97% is anticipated for 2025. ATCO Structures experienced a $14 million increase in adjusted earnings, driven by strong performance in global space rental activity and workforce housing sales. Overall, cash flow from operating activities for ATCO businesses, excluding Canadian Utilities, reached $280 million, representing a growth of over 50% from the prior year. The company highlighted its capital investment plan, which is expected to be primarily funded by internally generated cash flow, and emphasized a focus on investing within the essential services space to support long-term growth.Strong Financial Performance in 2024
ATCO achieved adjusted earnings of $481 million, which is $49 million and over 11% higher than the previous year, demonstrating strong strategic growth.
Growth in ATCO Structures
ATCO Structures delivered another strong year with adjusted earnings of $108 million, marking the tenth consecutive quarter of year-over-year adjusted earnings growth.
Expansion of Global Footprint
ATCO Structures expanded by establishing 5 new operating locations across Canada and the U.S., enhancing its market position.
Increased Cash Flow
Standalone ATCO businesses generated $280 million in cash flow from operating activities in 2024, up over 50% from the prior year.
Strategic Acquisition of NRB Modular Solutions
The acquisition allowed ATCO to expand its manufacturing capabilities, enhancing its competitive position in Ontario and British Columbia.
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TSE:ACO.Y Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:ACO.Y Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | C$49.49 | C$49.10 | -0.80% |
| Nov 14, 2024 | C$48.54 | C$48.05 | -1.01% |
| Aug 02, 2024 | C$42.65 | C$44.70 | +4.81% |
| May 02, 2024 | C$39.35 | C$39.88 | +1.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ATCO (TSE:ACO.Y) report earnings?
ATCO (TSE:ACO.Y) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is ATCO (TSE:ACO.Y) earnings time?
ATCO (TSE:ACO.Y) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:ACO.Y EPS forecast?
TSE:ACO.Y EPS forecast for the fiscal quarter 2025 (Q1) is 1.37.
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