09:01 AM EST, 02/27/2025 (MT Newswires) -- ATCO (ACO-X.TO, ACO-Y.TO) reported Thursday adjusted earnings in the fourth quarter that exceeded analysts' expectations.

The engineering, logistics and energy holding company booked adjusted earnings of $146 million, or $1.30 per share, beating the consensus non-GAAP earnings forecast of $1.23 per share compiled by FactSet. ATCO's adjusted earnings rose from $127 million, or $1.13 per share, recorded in the same period last year.

ATCO declared a first-quarter dividend of 50.45 cents per class I non-voting share and class II voting share.