FY2018 EPS Estimates for Transcontinental Inc. Boosted by Analyst (TCL)
Transcontinental Inc. (TSE:TCL) – Research analysts at Cormark lifted their FY2018 earnings per share (EPS) estimates for Transcontinental in a report released on Thursday. Cormark analyst D. Mcfadgen now forecasts that the company will earn $2.81 per share for the year, up from their previous estimate of $2.80. Cormark also issued estimates for Transcontinental’s FY2019 earnings at $2.95 EPS.
Separately, National Bank Financial upgraded shares of Transcontinental from a “sector perform market weight” rating to an “outperform market weight” rating in a research report on Thursday, October 26th.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 18th. Shareholders of record on Monday, October 2nd were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend was Friday, September 29th.
Transcontinental Company Profile
Transcontinental Inc is a 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.
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