Transcontinental Inc expected to post earnings of 36  cents a share - Earnings Preview

Transcontinental

05/06/2023 21:25

* Transcontinental Inc  TCLa.TO   is expected to show a rise
in
quarterly revenue when it reports  results on June 7. 
    * The Montreal Quebec-based  company is expected to report 
a
1.0% increase in revenue to C$722.35 million from C$715.5
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Transcontinental
Inc is
for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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
Transcontinental
Inc is C$18​, above​ its last closing price of C$14.20. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2023  0.40        0.41       0.24      Missed  -40.9
 Oct. 31 2023  0.72        0.70       0.79      Beat    12.5
 Jul. 31 2022  0.51        0.50       0.57      Beat    13.5​
 Apr. 30 2022  0.44        0.43       0.48      Beat    11.1
 ​​Jan.        0.51        0.51       0.35      Missed  -30.8
 31 2022                                                
 Oct. 31 2021  0.74        0.73       0.81      Beat    10.7​
 Jul. 31 2021  0.55        0.57       0.51      Missed  -9.9
 Apr. 30 2021  0.46        0.45       0.55      Beat    22.8
 This summary was machine generated June 5 at 20:24 GMT.  All
figures in Canadian dollars  unless otherwise stated