ATCO has beaten EPS estimates in three of its past four reported quarters. Now investors will be watching to see whether earnings growth can keep up with the higher share price and a broader mix of businesses.
ATCO Ltd (TSX: ACO-X) is set to report third-quarter 2026 results before markets open on November 6. The quarter ended September 30. Calendar data shows consensus EPS of C$0.95, based on three analysts, and revenue of C$1.30 billion, based on one analyst. The EPS estimate has risen from C$0.93 over the past 30 days. For Canadian investors, the report will offer an update on earnings across ATCO’s utility and infrastructure businesses and whether growth expectations remain on track.
Recent earnings trend
ATCO Ltd
ACO-X.TO
ACO-X.TO
ATCO Ltd
WealthAwesomeMarket cap
$8.40B
P/E
52.0x
Div. yield
2.46%
Div. / share
$2.05
52W high
$85.00
52W low
$51.16
1W change
+3.12%
Beta
0.38
Analyst Price Targets
Based on analyst covering ACO-X · as of Oct 26, 2026
Wall Street analysts forecast ACO-X stock price to rise 9.5% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$92.40
+9.5% Upside
Previously C$91.00 on Oct 9, 2026
Current Price
C$84.39
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ACO-X's historical volatility
30-Day Vol
30.7%
Annualized
90-Day Vol
25.4%
Annualized
Trend (90d)
+49.4%
Annualized drift
90d Mean
C$100.67
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$89.50 | C$80.51 – C$99.49 |
| 60 trading days | C$94.92 | C$81.73 – C$110.24 |
| 90 trading days | C$100.67 | C$83.81 – C$120.92 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 3 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-06 | — | 0.9600 | — |
| 2026-06-30 | 2026-07-29 | 1.0100 | 0.9900 | +2.0% |
| 2026-03-31 | 2026-05-06 | 1.4700 | 1.4800 | -0.7% |
| 2025-12-31 | 2026-02-26 | 1.3500 | 1.2800 | +5.5% |
| 2025-09-30 | 2025-11-07 | 0.9200 | 0.8300 | +10.8% |
| 2025-06-30 | 2025-07-31 | 0.9000 | 0.8900 | +1.1% |
Investor takeaway: The outlook is positive, but far from certain. ATCO beat estimates in three of its past four comparable quarters, while analysts expect modest year-over-year EPS growth this quarter. Investors should consider project execution and valuation alongside the headline EPS figure.
C$0.95 EPS consensus for the September quarter
The consensus estimate is 3.6% above EPS of C$0.92 a year ago. ATCO beat estimates in three of its past four comparable quarters. But the current forecast is based on just three analysts, with estimates ranging from C$0.87 to C$1.00.
Bull case
ATCO’s recent results support the current forecast. It reported EPS of C$1.01 in the June quarter, compared with an estimate of C$0.99. It also beat estimates by 5.47% in the December 2025 quarter and by 10.84% a year earlier. The latest EPS estimate has moved up over the past month. Recent company updates also point to investment in modular manufacturing capacity and community energy projects, which could support its infrastructure and energy businesses over time.
Bear case
The consensus points to just 3.6% EPS growth from a year ago, and estimates range from C$0.87 to C$1.00. With only three analysts covering EPS and one covering revenue, the forecasts offer a limited view. ATCO’s reported profit margin is 3.42%, and its P/E is about 52. Recent news has also raised concerns about capital needs and financing costs. A miss, weaker margins, or cautious comments on project execution could weigh on the outlook, even if revenue grows.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
