Transcontinental Inc expected to post earnings of 63 cents a share - Earnings Preview

Transcontinental

08/12/2023 21:30

* Transcontinental Inc  TCLa.TO   is expected to show a fall
in
quarterly revenue when it reports  results on December 12 for
the period ending July 31 2023
    * The Montreal Quebec-based  company is expected to report a
1.7% decrease in revenue to C$788.55 million from C$802.2
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Transcontinental Inc is
for
earnings of 63 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
Transcontinental
Inc is C$16.00​, above​ its last closing price of C$11.38. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  0.51        0.52       0.51      Missed  -1
 Apr. 30 2023  0.36        0.36       0.45      Beat    25
 Jan. 31 2023  0.40        0.41       0.24      Missed  -40.9​
 Oct. 31 2022  0.72        0.70       0.79      Beat    12.5
 ​​Jul.        0.51        0.50       0.57      Beat    13.5
 31 2022                                                
 Apr. 30 2022  0.44        0.43       0.48      Beat    11.1​
 Jan. 31 2022  0.51        0.51       0.35      Missed  -30.8
 Oct. 31 2021  0.74        0.73       0.81      Beat    10.7
 This summary was machine generated December 8 at 21:30 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)