03:42 PM EST - Alimentation Couche-Tard Inc. : reported that its fourth-quarter net earnings were $68.8 million U.S., up from $38 million U.S. in the same quarter last year. On per share basis, net income was $0.37 U.S., compared to $0.20 U.S. in the year-ago quarter. For the fourth quarter and fiscal 2010, the non-recurring gain from disposal of Casey's shares and the non recurring reversal of provisions had a positive impact of $0.06 U.S. and $0.02 U.S. per share on a diluted basis, respectively. For the fourth quarter, excluding these items, net earnings would have been $53.8 million U.S. or $0.29 U.S. per share on a diluted basis, which represents an increase of $15.8 million U.S. or 41.6%. Total revenues for the quarter rose to $4 billion U.S., from $2.99 billion U.S. in the prior-year quarter. Alimentation Couche-Tard Inc.
shares T.ATD.A are trading up $1.60 at $20.85.
