Transcontinental Inc. (TCL) Forecasted to Post FY2018 Earnings of $2.63 Per Share
Transcontinental Inc. (TSE:TCL) – Stock analysts at National Bank Financial lowered their FY2018 earnings per share estimates for Transcontinental in a research note issued to investors on Monday. National Bank Financial analyst A. Shine now expects that the company will earn $2.63 per share for the year, down from their prior forecast of $2.64. National Bank Financial currently has a “Outperform Market Weight” rating on the stock.
Transcontinental (TCL) traded down C$0.02 during mid-day trading on Wednesday, hitting C$24.78. The stock had a trading volume of 101,390 shares, compared to its average volume of 136,168. The firm has a market cap of $1,920.00, a P/E ratio of 9.08 and a beta of 0.47. Transcontinental has a 1-year low of C$20.22 and a 1-year 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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