Transcontinental (TSE:TCL) to Post FY2023 Earnings of $1.83 Per Share, National Bank Financial Forecasts

Transcontinental (TSE:TCLFree Report) – National Bank Financial raised their FY2023 earnings per share estimates for Transcontinental in a research report issued on Thursday, November 16th. National Bank Financial analyst A. Shine now forecasts that the company will post earnings of $1.83 per share for the year, up from their previous estimate of $1.81. National Bank Financial has a “Outperform Market Weight” rating on the stock.

Transcontinental Stock Performance

Transcontinental has a one year low of C$23.27 and a one year high of C$31.95.

Transcontinental (TSE:TCLGet Free Report) last released its quarterly earnings results on Wednesday, September 6th. The company reported C$0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.47 by C$0.04. The company had revenue of C$706.70 million for the quarter, compared to the consensus estimate of C$755.20 million.

Transcontinental Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 23rd. Stockholders of record on Tuesday, October 3rd were paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date was Friday, September 29th.

About Transcontinental

(Get Free Report)

Transcontinental Inc is a Canada-based printing company. The Company has operations in print, flexible packaging, publishing and digital media, both in Canada and the United States. The Company’s segments include the Printing and Packaging Sector, and the Media Sector. The Printing and Packaging Sector includes the manufacturing activities of the Company, and generates revenues from various activities, such as the printing of retail flyers, magazines, newspapers, color books, personalized and mass marketing products, and the production of flexible packaging solutions in Canada and the United States.

Recommended Stories

Earnings History and Estimates for Transcontinental (TSE:TCL)

Receive News & Ratings for Transcontinental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transcontinental and related companies with's FREE daily email newsletter.