National Bank Financial Comments on Transcontinental Inc.’s FY2018 Earnings (TCL)
Transcontinental Inc. (TSE:TCL) – Equities research analysts at National Bank Financial cut their FY2018 earnings per share estimates for shares of Transcontinental in a report released on Monday. National Bank Financial analyst A. Shine now anticipates that the company will post earnings per share of $2.64 for the year, down from their prior estimate of $2.67. National Bank Financial has a “Outperform Market Weight” rating on the stock.
Shares of Transcontinental (TSE TCL) traded up C$0.30 during trading hours on Thursday, hitting C$26.89. 35,111 shares of the company’s stock were exchanged, compared to its average volume of 76,755. Transcontinental has a 52 week low of C$20.22 and a 52 week high of C$31.95.
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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