May 1 (Reuters) - Atco Ltd ACOx.TO :
* ATCO REPORTS FIRST QUARTER 2020 EARNINGS
* Q1 ADJUSTED EARNINGS PER SHARE C$0.93
* Q1 EARNINGS PER SHARE ESTIMATE C$0.97 -- REFINITIV IBES DATA
* LOWER ADJUSTED EARNINGS IN Q1 MAINLY DUE TO SALE OF CANADIAN FOSSIL FUEL-BASED ELECTRICITY GENERATION PORTFOLIO IN Q3
* LOWER ADJUSTED EARNINGS IN Q1 OF 2020 ALSO DUE TO SALE OF ALBERTA POWERLINE IN Q4 OF 2019