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

Transcontinental

07/09/2022 22:01

* Transcontinental Inc  TCLa.TO  reported quarterly adjusted
earnings of 57 cents​​ per share for the quarter ended in July.
The mean expectation of five analysts for the quarter was
for earnings of 51 cents per share.
    * Revenue rose 20.3% to C$747.80 million from a year ago;
analysts
expected C$688.76 million. 
    * Transcontinental Inc's reported EPS for the quarter was 39
cents​.
    * The mean earnings estimate of analysts had risen by
about 2% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Transcontinental Inc shares had risen by 9.4% this
quarter and
lost 17.5% so far this year.
    * The company reported quarterly net income of C$34.1
million.
    * Wall Street's median 12-month price target for
Transcontinental
Inc is C$22.00 
    * 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 Refinitiv data September
7 at 09:01 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.51           0.57           Beat
 Apr. 30 2022      0.43           0.48           Beat
 Jan. 31 2022      0.51           0.35           Missed
 Oct. 31 2021      0.73           0.81           Beat