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

Transcontinental

08/03/2022 20:11

* Transcontinental Inc  TCLa.TO  reported quarterly adjusted
earnings of 35 cents​​ per share for the quarter ended in
January. The mean expectation of five analysts for the quarter
was for earnings of 51 cents per share.
    * Revenue rose 10.9% to C$690.60 million from a year ago; 
analysts expected C$676.68 million. 
    * Transcontinental Inc's reported EPS for the quarter was 21
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Transcontinental Inc shares had fallen by 0.4% this
quarter.
    * The company reported quarterly net income of C$18.4
million.
    * Wall Street's median 12-month price target for
Transcontinental
Inc is C$26.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 8 at 08:11 p.m.  ​All
figures in Canadian dollars unless otherwise stated