Cormark Analysts Lower Earnings Estimates for Transcontinental (TSE:TCL)

Transcontinental (TSE:TCLGet Rating) – Equities researchers at Cormark reduced their FY2022 earnings per share estimates for shares of Transcontinental in a note issued to investors on Wednesday, November 16th. Cormark analyst D. Mcfadgen now anticipates that the company will earn $2.13 per share for the year, down from their prior forecast of $2.21.

Transcontinental Stock Performance

Transcontinental has a fifty-two week low of C$23.27 and a fifty-two week high of C$31.95.

Transcontinental (TSE:TCLGet Rating) last released its quarterly earnings results on Wednesday, September 7th. The company reported C$0.57 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.54 by C$0.03. The firm had revenue of C$747.80 million during the quarter, compared to analyst estimates of C$717.80 million.

About Transcontinental

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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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