Transcontinental Inc. to Post FY2017 Earnings of $2.70 Per Share, Cormark Forecasts (TCL)
Transcontinental Inc. (TSE:TCL) – Research analysts at Cormark upped their FY2017 earnings per share estimates for Transcontinental in a research report issued to clients and investors on Friday. Cormark analyst D. Mcfadgen now anticipates that the company will post earnings per share of $2.70 for the year, up from their previous forecast of $2.57. Cormark also issued estimates for Transcontinental’s FY2018 earnings at $2.80 EPS.
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The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Monday, October 2nd will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of Infinity. The ex-dividend date is Friday, September 29th.
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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