Transcontinental Inc expected to post earnings of 73 cents a share - Earnings Preview

Transcontinental

09/12/2024 21:04

* Transcontinental Inc  TCLa.TO   is expected to show a fall
in
quarterly revenue when it reports  results on December 11 for
the period ending October 31 2024
    * The Montreal Quebec-based  company is expected to report a
2.7% decrease in revenue to C$758.4 million from C$779.7 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 73 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Transcontinental
Inc is C$20.50​, above​ its last closing price of C$17.70. ​​​

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 2024  0.56        0.56       0.60      Beat    7.9
 Apr. 30 2024  0.44        0.44       0.52      Beat    17.1
 Jan. 31 2024  0.32        0.32       0.43      Beat    33.5​
 Oct. 31 2023  0.63        0.64       0.83      Beat    30.2
 ​​Jul.        0.51        0.52       0.51      Missed  -1
 31 2023                                                
 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
 This summary was machine generated December 9 at 21:04 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)