Quebecor Inc expected to post earnings of 68 cents a share - Earnings Preview

Quebecor

07/05/2024 16:46

* Quebecor Inc  QBRb.TO   is expected to show a rise in
quarterly
revenue when it reports  results on May 9 for the period ending
March 31 2024
    * The Montreal Quebec-based  company is expected to report a
22.8% increase in revenue to C$1.37 billion from C$1.12 billion
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Quebecor Inc is for
earnings
of 68 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Quebecor
Inc is
C$37.50​, above​ its last closing price of C$28.95. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.74        0.74       0.73      Missed  -1.1
 Sep. 30 2023  0.79        0.79       0.88      Beat    11.7
 Jun. 30 2023  0.74        0.72       0.79      Beat    9.2​
 Mar. 31 2023  0.59        0.59       0.59      Met     0.5
 ​​Dec.        0.69        0.69       0.69      Met     -0.3
 31 2022                                                
 Sep. 30 2022  0.75        0.74       0.75      Beat    1.8​
 Jun. 30 2022  0.68        0.68       0.68      Met     -0.3
 Mar. 31 2022  0.51        0.52       0.54      Beat    4.1
 This summary was machine generated May 7 at 15:45 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)