Research Analysts Set Expectations for Quebecor Q3 Earnings

Quebecor (TSE:QBR) – Analysts at Cormark issued their Q3 2024 earnings per share (EPS) estimates for shares of Quebecor in a research report issued on Thursday, October 31st. Cormark analyst D. Mcfadgen forecasts that the company will post earnings of $0.81 per share for the quarter.

Quebecor (TSE:QBR) last issued its quarterly earnings results on Thursday, August 8th. The company reported C$0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.84 by C$0.05. The business had revenue of C$1.39 billion for the quarter, compared to analysts’ expectations of C$1.43 billion.

Separately, Scotiabank cut shares of Quebecor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th.

Quebecor Stock Performance

Quebecor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Friday, August 23rd were issued a $0.325 dividend. This represents a $1.30 annualized dividend and a dividend yield of ∞. The ex-dividend date was Friday, August 23rd.

Quebecor Company Profile

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, wireline and mobile telephony, business solutions, and over-the-top video services; and Helix, a technology platform that provides entertainment and home management with features, including voice remote, ultra-intelligent Wi-Fi, and support for home automation.