Quebecor (QBCRF) Projected to Post Quarterly Earnings on Thursday

Quebecor (OTCMKTS:QBCRFGet Free Report) is expected to post its results before the market opens on Thursday, May 7th. Analysts expect Quebecor to post earnings of $0.6710 per share and revenue of $982.0210 million for the quarter.

Quebecor Price Performance

QBCRF stock opened at $42.06 on Tuesday. Quebecor has a 1 year low of $26.16 and a 1 year high of $44.79. The company has a fifty day simple moving average of $41.70 and a 200 day simple moving average of $37.98.

Analyst Upgrades and Downgrades

Separately, Scotiabank reaffirmed a “sector perform” rating on shares of Quebecor in a research note on Monday, January 12th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Quebecor has an average rating of “Moderate Buy”.

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About Quebecor

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Quebecor Inc is a Canadian integrated media and telecommunications company offering a diversified portfolio of services and content. Through its wholly owned subsidiary Vidéotron, the company provides cable television, high-speed internet, wireless telephony and residential and business telecom solutions. Its media arm, Quebecor Media, publishes newspapers and magazines, operates specialty and conventional television networks and engages in digital media and advertising across multiple platforms.

Founded by Pierre Péladeau in 1965 as a printing enterprise in Montreal, Quebecor has expanded its operations over five decades into one of Canada’s leading content creators and service providers.

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