Quebecor Inc reports results for the quarter ended in June - Earnings Summary

Quebecor

10/08/2023 14:32

* Quebecor Inc  QBRb.TO  reported quarterly adjusted
earnings of
79 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for earnings of
72 cents per share.
    * Revenue rose 25.4% to C$1.40 billion from a year ago;
analysts
expected C$1.40 billion. 
    * Quebecor Inc's reported EPS for the quarter was 75 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Quebecor Inc shares had fallen by 4.6% this quarter and
gained 3.1% so far this year.
    * Wall Street's median 12-month price target for Quebecor
Inc is
C$37.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 01:32 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.72           0.79           Beat
 Mar. 31 2023      0.59           0.59           Met
 Dec. 31 2022      0.69           0.69           Met
 Sep. 30 2022      0.74           0.75           Beat