Cormark Equities Analysts Raise Earnings Estimates for Transcontinental Inc. (TCL)

Transcontinental Inc. (TSE:TCL) – Stock analysts at Cormark upped their FY2018 earnings per share (EPS) estimates for Transcontinental in a report released on Friday, Zacks Investment Research reports. Cormark analyst D. Mcfadgen now expects that the company will post earnings of $2.88 per share for the year, up from their prior forecast of $2.84.

Transcontinental (TSE:TCL) last released its quarterly earnings data on Thursday, December 14th. The company reported C$0.88 earnings per share for the quarter, missing the consensus estimate of C$0.92 by C($0.04). The company had revenue of C$527.20 million for the quarter, compared to the consensus estimate of C$537.30 million. Transcontinental had a return on equity of 24.83% and a net margin of 13.92%.

Shares of TCL stock opened at C$27.38 on Monday. The stock has a market capitalization of $2,120.00, a price-to-earnings ratio of 9.34 and a beta of 0.46. Transcontinental has a 1-year low of C$23.27 and a 1-year high of C$31.95.

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Transcontinental Company Profile

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.

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Earnings History and Estimates for Transcontinental (TSE:TCL)

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