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

Quebecor

11/05/2023 14:31

* Quebecor Inc  QBRb.TO  reported quarterly adjusted
earnings of
59 cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for earnings of
59 cents per share.
    * Revenue rose 2.5% to C$1.12 billion from a year ago;
analysts
expected C$1.10 billion. 
    * Quebecor Inc's reported EPS for the quarter was 52 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Quebecor Inc shares had risen by 1.2% this quarter and
gained 12.0% so far this year.
    * Wall Street's median 12-month price target for Quebecor
Inc is
C$37.00 
    * 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 May
11 at 01:31 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.59           0.59           Met
 Dec. 31 2022      0.69           0.69           Met
 Sep. 30 2022      0.74           0.75           Beat
 Jun. 30 2022      0.68           0.68           Met