Transcontinental Inc reports results for the quarter ended in April - Earnings Summary

Transcontinental

07/06/2023 22:02

* Transcontinental Inc  TCLa.TO  reported quarterly adjusted
earnings of 45 cents​​ per share for the quarter ended in April.
The mean expectation of five analysts for the quarter was
for earnings of 36 cents per share.
    * Revenue rose 4.4% to C$747.20 million from a year ago;
analysts
expected C$722.35 million. 
    * Transcontinental Inc's reported EPS for the quarter was 26
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Transcontinental Inc shares had risen by 3.6% this
quarter and
lost 4.8% so far this year.
    * The company reported quarterly net income of C$22.2
million.
    * Wall Street's median 12-month price target for
Transcontinental
Inc is C$18.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data June
7 at 09:01 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.36           0.45           Beat
 Jan. 31 2023      0.41           0.24           Missed
 Oct. 31 2022      0.70           0.79           Beat
 Jul. 31 2022      0.50           0.57           Beat