TSE:TCL FY2025 EPS Reduced by National Bank Financial

Posted by Max Byerly on Nov 2nd, 2024

Transcontinental (TSE:TCL – Free Report) – Equities research analysts at National Bank Financial cut their FY2025 earnings estimates for shares of Transcontinental in a research report issued to clients and investors on Monday, October 28th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings per share of $2.49 for the year, down from their prior forecast of $2.56.

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

Transcontinental Stock Performance

Transcontinental has a 1-year low of C$23.27 and a 1-year high of C$31.95.

Insider Buying and Selling at Transcontinental

In other Transcontinental news, Director Serge Boulanger bought 3,000 shares of Transcontinental stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average cost of C$16.95 per share, for a total transaction of C$50,850.00.

Transcontinental Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, October 21st. Investors of record on Thursday, October 3rd were paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of ?. The ex-dividend date of this dividend was Thursday, October 3rd.

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.