FY2024 Earnings Estimate for Atco Issued By Scotiabank

Atco Ltd. (TSE:ACO) – Equities researchers at Scotiabank lifted their FY2024 earnings per share (EPS) estimates for shares of Atco in a report released on Wednesday, January 8th. Scotiabank analyst R. Hope now anticipates that the company will post earnings per share of $4.20 for the year, up from their previous estimate of $4.09. Scotiabank also issued estimates for Atco’s FY2025 earnings at $4.29 EPS.

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About Atco

Atlas Copco AB, together with its subsidiaries, provides productivity solutions. The company operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, air and gas treatment equipment, and medical air solutions primarily for use in the manufacturing and process industries.