Quebecor Inc expected to post earnings of 74 cents a share - Earnings Preview

Quebecor

20/02/2024 13:44

* Quebecor Inc  QBRb.TO   is expected to show a rise in
quarterly
revenue when it reports  results on February 22 for the period
ending December 31 2023
    * The Montreal Quebec-based  company is expected to report a
24.8% increase in revenue to C$1.479 billion from C$1.19 billion
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Quebecor Inc is for
earnings
of 74 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Quebecor
Inc is
C$40.00​, above​ its last closing price of C$31.77. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.69        0.69       0.69      Met     -0.3
 ​​Sep.        0.75        0.74       0.75      Beat    1.8
 30 2022                                                
 Jun. 30 2022  0.68        0.68       0.68      Met     -0.3​
 Mar. 31 2022  0.51        0.52       0.54      Beat    4.1
 Dec. 31 2021  0.72        0.72       0.66      Missed  -8
 This summary was machine generated February 20 at 13:44 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)