National Bank Financial Forecasts Quebecor Q4 Earnings

Quebecor (TSE:QBR) – Investment analysts at National Bank Financial increased their Q4 2024 earnings estimates for shares of Quebecor in a report released on Wednesday, January 15th. National Bank Financial analyst A. Shine now expects that the company will earn $0.75 per share for the quarter, up from their prior forecast of $0.74. National Bank Financial also issued estimates for Quebecor’s FY2025 earnings at $3.29 EPS.

QBR has been the topic of several other reports. Royal Bank of Canada upgraded shares of Quebecor from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, December 18th. Scotiabank lowered shares of Quebecor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th.

Quebecor Price Performance

Quebecor (TSE:QBR) last announced its earnings results on Thursday, November 7th. The company reported C$0.82 EPS for the quarter, missing the consensus estimate of C$0.83 by C($0.01). The company had revenue of C$1.39 billion for the quarter, compared to analysts’ expectations of C$1.41 billion.

Quebecor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Friday, November 22nd were given a $0.325 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $1.30 dividend on an annualized basis and a yield of ∞.

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.