National Bank Financial Weighs in on TSE:TCL FY2025 Earnings

Posted by Defense World Staff on Nov 1st, 2024

Transcontinental (TSE:TCL – Free Report) – Stock analysts at National Bank Financial cut their FY2025 earnings per share estimates for Transcontinental in a report released on Monday, October 28th. National Bank Financial analyst A. Shine now forecasts that the company will post earnings of $2.49 per share for the year, down from their prior estimate of $2.56.

Transcontinental (TSE:TCL – Get Free Report) last released its earnings results on Wednesday, September 11th. The company reported C$0.60 earnings per share for the quarter, beating the consensus estimate of C$0.56 by C$0.04. The firm had revenue of C$700.00 million during the quarter, compared to analyst estimates of C$692.00 million.

Transcontinental Stock Performance

Transcontinental has a twelve month low of C$23.27 and a twelve month high of C$31.95.

Insider Activity

In related news, Director Serge Boulanger bought 3,000 shares of the stock in a transaction that occurred on Wednesday, September 18th. The stock was purchased at an average cost of C$16.95 per share, with a total value of C$50,850.00.

Transcontinental Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Thursday, October 3rd were paid a $0.225 dividend. The ex-dividend date was Thursday, October 3rd. This represents a $0.90 annualized dividend and a dividend yield of ∞.

About Transcontinental

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Transcontinental Inc is a Canada-based printing company. The Company has operations in print, flexible packaging, publishing and digital media, both in Canada and the United States. The Company’s segments include the Printing and Packaging Sector, and the Media Sector. The Printing and Packaging Sector includes the manufacturing activities of the Company, and generates revenues from various activities, such as the printing of retail flyers, magazines, newspapers, color books, personalized and mass marketing products, and the production of flexible packaging solutions in Canada and the United States.