AutoCanada Inc. (TSE:ACQ)
TSX:ACQ
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.71Last Year’s EPS
0.72Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed a balanced view: near-term operating and macro challenges resulted in a meaningful year-over-year EBITDA decline and pressured used vehicle profitability, offset by signs of operational stabilization, early sequential improvements (March/April), strategic balance sheet actions (cash proceeds and credit facility extension), continued collision growth and targeted M&A. Management laid out clear priorities and initiatives to restore margins and rebuild productivity, but acknowledged that significant work remains and that parts of the recovery (new vehicles, fixed ops) will take longer.Company Guidance
Adjusted EBITDA and Context
Adjusted EBITDA from continuing operations of $31.0M in Q1 FY2026 versus $43.0M in the prior year (a decline of $12.0M, or approximately -27.9%). Management described these results as largely as expected given the macro environment and noted early operational progress late in the quarter and into April.
Collision Business Resilience and Growth
Collision gross profit increased year-over-year and margins remained strong despite a difficult hail comparison. Management highlighted continuing core collision growth, expanding OEM certifications, insurer relationships, and strategic M&A (completed acquisition of Modern Autobody in Edmonton). Collision remains a stated long-term growth focus.
Balance Sheet Strengthening and Liquidity Actions
Received approximately $65.8M in gross proceeds to date from U.S. dealership divestitures (about 50.6% of the expected ~$130M total proceeds). Proceeds are earmarked primarily for debt reduction. Management also completed an amended and extended syndicated credit facility extending maturity to 2028 and improving flexibility.
Operational Stabilization and Leadership Changes
Company implemented leadership changes in mid-February, added regional/functional leaders and a new CFO hire (Mike). Management reported decisive actions to simplify the organization, strengthen oversight and accountability, and launch initiatives (e.g., buy-box analytics for used buying) to restore operational adequacy.
Early Improvements in Used Volumes and Profitability
Management reported sequential improvement in used vehicle profitability trends and sales productivity in March and April, noting aged inventory being worked through and better inventory pricing/management. Expectation set for continued sequential improvement in Q2 and normalization of used gross profit per unit by the second half of the year.
Strategic Capital Allocation Priorities
Near-term capital allocation prioritized: debt reduction, high-return operational investments, selective collision acquisitions, and opportunistic share repurchases. Emphasis on return thresholds, liquidity preservation and strategic fit.
TSE:ACQ 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
TSE:ACQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | C$20.93 | C$21.45 | +2.48% |
Mar 18, 2026 | C$20.01 | C$17.00 | -15.04% |
Nov 13, 2025 | C$22.00 | C$19.04 | -13.45% |
Aug 13, 2025 | C$29.23 | C$31.32 | +7.15% |
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.
FAQ
When does AutoCanada Inc. (TSE:ACQ) report earnings?
AutoCanada Inc. (TSE:ACQ) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is AutoCanada Inc. (TSE:ACQ) earnings time?
AutoCanada Inc. (TSE:ACQ) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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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:ACQ EPS forecast?
TSE:ACQ EPS forecast for the fiscal quarter 2026 (Q2) is 0.71.