Overview
Canada telecom provider's Q4 revenue grew 3.2%, driven by Telecommunications segment
Q4 adjusted net income rose 21.2%
Company increased quarterly dividend by 14.3%
Outlook
Quebecor plans to build its own wireless network in Manitoba in 2026
Company continues phased rollout of 3800 MHz spectrum across its 5G+ network
Quebecor expands 5G plans in Québec, Ontario, Alberta, and British Columbia
Result Drivers
TELECOMMUNICATIONS GROWTH - The Telecommunications segment saw a 9.5% increase in mobile telephony revenues, contributing to overall revenue growth
CARRIAGE FEE AGREEMENTS - Adjusted EBITDA in the Media segment rose due to favorable retroactive agreements on carriage fees for specialty channels
SERVICE EXPANSION - Expansion of telecommunications coverage and service areas across Canada enhanced customer reach and service offerings
Company press release: ID:nPn5xJbrda
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
C$221.60 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the integrated telecommunications services peer group is "buy"
Wall Street's median 12-month price target for Quebecor Inc is C$54.00, about 2% below its February 25 closing price of C$55.12
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)