Transcontinental Inc expected to post earnings of 44 cents a share - Earnings Preview

Transcontinental

03/06/2024 21:08

* Transcontinental Inc  TCLa.TO   is expected to show a fall
in
quarterly revenue when it reports  results on June 5 for the
period ending April 30 2024
    * The Montreal Quebec-based  company is expected to report a
3.9% decrease in revenue to C$717.7 million from C$747.2 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Transcontinental Inc is
for
earnings of 44 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for
Transcontinental
Inc is C$19.00​, above​ its last closing price of C$13.69. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  0.32        0.32       0.43      Beat    33.5
 Oct. 31 2024  0.63        0.64       0.83      Beat    30.2
 Jan. 1 0001   0.51        0.52       0.51      Missed  -1​
 Apr. 30 2023  0.36        0.36       0.45      Beat    25
 ​​Jan.        0.40        0.41       0.24      Missed  -40.9
 31 2023                                                
 Oct. 31 2022  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
 This summary was machine generated June 3 at 20:08 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)